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Kentucky governor sued for illegally collecting sales taxes on gold and silver
From the Sound Money Defense League, Eagle, Idaho
Thursday, March 27, 2025
Three Kentucky taxpayers and one of America's largest precious metals dealers today filed a class-action lawsuit against Governor Andrew Beshear, the Commonwealth of Kentucky, and the Kentucky Department of Revenue for their illegal sales tax collections in connection with retail purchases of physical gold and silver.
Money Metals Exchange, Jill Stahl Huston, Stacie Earl, and Karen Strayer filed the state court complaint in the Boone Circuit Court on behalf of themselves and all similarly situated Kentucky taxpayers and precious metals dealers across America.
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The class-action suit comes immediately on the heels of overwhelming votes by both the Kentucky House and Senate to override Gov. Beshear's veto this week of House Bill 2, a measure which expanded last year's new sales tax exemption for precious metals purchases.
HB 2, which became law today, provides a right for full recovery of unlawfully collected taxes (plus interest), stiff penalties on state officials (acting in their official capacities and, potentially, their personal capacities), and attorney's fees for the Department of Revenue's flagrant violation of a sales tax exemption that had taken effect on August 1, 2024. ...
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