Stop the Hidden Tax
on Gold & Silver
Maryland Politicians Tried to Tax Your Savings — And They Tried to Hide It.
Maryland lawmakers introduced a bill (HB 919) to impose a 6% sales tax on gold and silver coins and bullion.
After public backlash, that bill stalled in committee.
But instead of respecting your voice, they quietly inserted the same tax into the state budget — buried deep in the Budget Reconciliation and Financing Act (BRFA) on Page 57.
They’re hoping you won’t notice.
This Is a Tax on Savers
Not the Rich
They say it’s about fairness. But this tax doesn’t hit Wall Street.
📈 Stocks, bonds, and mutual funds stay tax-free.
🪙 Only precious metals get targeted.
Who does this hurt?
● Retirees trying to hedge against inflation
● Small savers building wealth with real assets
● Local coin shops operating on razor-thin margins
● Maryland businesses that will lose customers to Delaware, Pennsylvania, and Virginia — all states that
Tell Your Legislators: Strike Page 57 from the BRFA
This is a backdoor tax increase, and it’s being done without transparency or debate.
Sign the petition to send a message to your legislator:
45 States Don’t Tax Precious Metals. Why Should Maryland?
There is a national trend to protect gold and silver from sales tax.
Maryland is about to become one of the only states that punishes people for choosing sound money.
This tax will:
- Drive revenue out of Maryland
- Punish local businesses
- Hurt the most financially cautious people in the state
- All while handing another win to Wall Street
Don’t Let Them Sneak
This Past You
When politicians hide taxes in budget bills, they’re counting on silence.
Let’s make noise instead.
Tell them:
✅ No new taxes on savers.
✅ No favoritism for Wall Street.
✅ No secret budget tricks.
📞 Want to call your legislator directly?
Call the members of the Senate Budget and Taxation Committee and ask them to strike Page 57 of the BRFA and preserve the sales tax exemption on gold and silver because this tax punishes small savers and businesses and should not be passed through the budget process.
CONTACT YOUR REPRESENTATIVE
Use the following button to find your representative and let them know you want them to Stop The Bullion Tax.