Over the Fiscal Cliff for Tax Savings
February 2013 by Mark E. BattersbyThe so-called “Fiscal Cliff” tax package recently passed by Congress and signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses about $76 billion.
Given the enormous expenditures that are required to bring any mining property into production, the industry can ill afford a regulatory system which, by reversing already existent approvals, can nullify the value of funds already expended.
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Detecting Old Pocket Diggings • Refractory Gold Processing • Detecting in the Outback • What is a Valid Mineral Discovery? • Extracting & Smelting Your Gold • Online Mining Classes Now Available at Mackay • Heavy Sands Mining • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Feds Challenge North Idaho Mining Claims