Texas Statewide Proposition 9, November 2019 Election
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Re: Texas Statewide Proposition 9, November 2019 Election
We are going to vote on this tomorrow. Thanks for the heads-up!
Re: Texas Statewide Proposition 9, November 2019 Election
Looks like Prop 9 passed, narrowly... in other words, maybe it was needed.
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Re: Texas Statewide Proposition 9, November 2019 Election
I'm surprised an anti-tax vote was that close in Texas, but then again I can imagine the average voter looks at a proposition about taxing gold and thinks "only rich people and cartoon ducks own gold, so why not?"
In any case, I did my part.

In any case, I did my part.


Mechanical engineer, history buff, treasure manager... totally not Ben Gates
Re: Texas Statewide Proposition 9, November 2019 Election
A win for "Don't Mess With Texas" attitude.
BTW, Libertarian666, I love your new avatar. The Saint Gaudens $20 double eagle is my favorite coin design of all time.
BTW, Libertarian666, I love your new avatar. The Saint Gaudens $20 double eagle is my favorite coin design of all time.
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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Re: Texas Statewide Proposition 9, November 2019 Election
I think I read somewhere that Teddy Roosevelt wanted the high relief coin for general circulation but the Treasury told him that it was impractical because it would not stack properly.
Have you tried stacking your 2008 restrike?
Have you tried stacking your 2008 restrike?
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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Re: Texas Statewide Proposition 9, November 2019 Election
No, for two reasons:
1. I have only one of them.
2. I don't want to mess it up. It has a fair amount of numismatic value, maybe $400 over the gold price.
BTW, it's a 2009, not a 2008. It's my Acura TL-S that's a 2008 collectible.

Re: Texas Statewide Proposition 9, November 2019 Election
Do you know of any plans for Texas to strike their own gold coins?
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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- Joined: Wed Dec 31, 1969 6:00 pm
Re: Texas Statewide Proposition 9, November 2019 Election
That would not be Constitutional: https://www.heritage.org/constitution/# ... te-coinage
But recognizing privately minted coins as legal tender would be perfectly Constitutional.
I'm pretty sure they are going to do that.
I have also heard that they have plans to issue debit and/or credit cards settled by transferring ownership of gold held in collective storage.
Re: Texas Statewide Proposition 9, November 2019 Election
I know many of you gush about Texas, but I just looked at my property taxes, and they exceed 2% of the value of my property, which is pretty bad in my view. It's not a low tax State... it could be depending on your holdings and your sources of income. It's a mixed bag.
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Re: Texas Statewide Proposition 9, November 2019 Election
Yes, it's a mixed bag:ochotona wrote: ↑Thu Nov 07, 2019 8:17 amI know many of you gush about Texas, but I just looked at my property taxes, and they exceed 2% of the value of my property, which is pretty bad in my view. It's not a low tax State... it could be depending on your holdings and your sources of income. It's a mixed bag.
No income tax or capital gains tax.
Relatively high sales taxes.
Fairly high property taxes, but that depends A LOT on where you live and whether you get over-65 and homestead exemptions.
The tax rate on my current rural property, with both of those exemptions, is a little less than 1%.
If and when we move to a higher cost area near Austin, our taxes will go WAY up, probably tripling in all due to the higher rate and more expensive housing.