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Fuljenz Helps Eliminate Taxes on Sales of Coins in Texas
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By Ed Reiter – Executive Director, Numismatic Literary Guild Recently, hobbyist and investors were pleased to learn that legislatures in two states, Texas and Louisiana, had voted to eliminate tax on sales of coins and precious metals. Both states already were providing a sales tax exemption on coin and bullion transactions of $1,000 or more, but the new legislation eliminates that threshold in both states and removes the tax from sales of any amount. Mike Fuljenz, of Beaumont, Texas spearheaded the fight in the Lone Star State, hiring a lobbyist and waging a two-year campaign to block threatened removal of the limited exemptions then in effect. “There were people pushing to do away with the exemption over $1,000,” Fuljenz said. “We not only got the legislature to preserve that exemption, but ended up gaining a total exemption on everything.” |
Successful Achievements and Awards In 2013 For America's Gold Expert®, Michael Fuljenz
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Michael Fuljenz was honored the past year by numerous national and local organizations for his professional writings and consumer protection work as well as his civic activities. Major news organizations, including Fox Business Network, Forbes and NBCNews.com, sought his comments regarding the rare coin and bullion markets, and he was featured in a profile story in the Beaumont Enterprise VIP magazine. |
Police: Man arrested in connection with Albemarle coin shop owner's slaying
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By Kathryn Burcham Court records show an Albemarle man plotted for years to rob and kill an elderly store owner. Albemarle detectives detailed Ryan Efird's plans in a search warrant filed Wednesday at the Stanly County courthouse. Detectives have been searching for weeks for a suspect in the fatal shooting of Eldridge Roger Gibson, 81, during a robbery at the B&G Coins Shop on West Main Street near Highway 73. |
Fox 4 KBTV: Mike Fuljenz talks about the Kennedy half dollar 90% silver
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