45 U.S. States Join the’ Tax-Free Gold and Silver’ Movement

The wave of precious metals freedom continues to sweep across the U.S. as two more states have officially cut taxes on gold and silver, reinforcing their status as sound money. With New Jersey slashing sales taxes and Nebraska eliminating capital gains taxes on gold and silver, the movement to return to real money is picking up speed.

New Jersey: No More Sales Tax on Gold & Silver

In a big win for investors and savers, New Jersey enacted Senate Bill 721, removing sales taxes on gold, silver, platinum, and palladium bullion and coins for purchases over $1,000. This means that people looking to protect their wealth with physical gold and silver no longer have to pay extra just to own real money. Unlike fiat currency, which loses purchasing power year after year, precious metals hold their value over time—and now, New Jersey residents can buy without penalty.

👉 Read Senate Bill 721

Nebraska: No More Capital Gains Taxes + A Stand Against CBDCs

Meanwhile, Nebraska has taken it a step further. With Legislature Bill 1317, the state has officially repealed capital gains taxes on the sale of gold and silver. This means that Nebraskans selling their metals at a profit won’t be penalized with extra taxes at the state level. Even more significant? Nebraska is drawing a line in the sand against Central Bank Digital Currencies (CBDCs) by explicitly excluding them from the state’s legal definition of money. As concerns about government-controlled digital currency grow, Nebraska is making it clear: real money comes in gold and silver, not in centrally issued digital dollars.

👉 Read LB 1317

The Bigger Picture: Gold & Silver Gaining Ground

These moves aren’t happening in a vacuum. As of 2025, 45 states have removed sales taxes on gold and silver, leaving just five lagging behind: Maine, New Mexico, Vermont, Hawaii, and Nevada. Meanwhile, states like Utah, Wyoming, and Oklahoma have gone even further, passing laws that recognize gold and silver as legal tender—a direct challenge to the idea that only paper dollars issued by the Federal Reserve qualify as money.

This shift isn’t just about tax breaks. It’s about giving Americans more financial options and reducing dependence on a currency system that’s heavily manipulated by central banks and government policies. With inflation eroding savings and the national debt spiraling, more states are waking up to the fact that gold and silver are not just commodities—they are real money.

What’s Next?
With momentum growing, will the remaining five states finally follow suit? And will even more states push for gold and silver as legal tender? Stay tuned—because the fight for financial freedom is just getting started.