Dealers say NY Dems’ push to tax precious metals is fool’s gold

Geoffrey Demis, co-owner of Ferris Coin & Jewelry near Albany, displays a gold coin and bar in his shop a few miles from the state Capitol.

Geoffrey Demis, co-owner of Ferris Coin & Jewelry near Albany, displays a gold coin and bar in his shop a few miles from the state Capitol.

Among the various tax proposals in Albany is one that would repeal a decades-old sales-tax exemption for purchases of gold and silver. [ more › ]