“Removing the sales tax on gold and silver purchases shorts the state treasury from revenue for priorities such as schools, roads and public safety in an effort to pander to the gold bugs. … In fact, there is nothing special about gold and silver except that they are rare, coveted and historically associated with value. Their real value is merely as a superstitious hedge against economic catastrophe.”
-The Tulsa World editorial board, on a new state law that declares gold and silver to be legal tender in Oklahoma and exempts them from sales tax (Source: http://bit.ly/1rbVGwF). The tax break is estimated to cost the state $930,000 in the next budget year.