Annual unclaimed property auction draws bargain hunters
Once a year, the Arizona Department of Revenue auctions off unclaimed property that is abandoned in safe deposit boxes around the state. If items sit inside a safe deposit box for more than three years after the lease or rental period on the box has expired, the property is considered unclaimed, according to the department’s website.
Former Congressman Ron Paul champions gold and silver tax-break bill
Invoking claims of illegally printed paper money, the use of gold in the Bible and even foreign entanglements, former Congressman Ron Paul urged Arizona lawmakers Wednesday to let coin collectors and investors escape the state's capital gains tax.
Arizona legislators desire tax carve out for all that glitters
Arguing that federal policies have made paper money “virtually worthless,” Arizona lawmakers are moving to allow residents to invest in gold coins and not have to pay state taxes on any profits they make when they sell them.