CrimePolitics

Dems hope to increase taxes on guns and Ammo

_h353_w628_m6_otrue_lfalseThe democrats were not able to push through massive gun control laws, so now they are trying to do the job with new taxes.  And we’re not talking little tax increases.  We are talking mucho grande tax increases.

Some taxes will rise as much as 2000%.

take our poll - story continues below

Did SCOTUS make the right decision on medical mandates for large businesses?

  • Did SCOTUS make the right decision on medical mandates for large businesses?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Conservative Firing Line updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

William Pascrell, D-N.J., and Danny Davis, D-Ill., have authored a bill called, “Gun Violence Prevention and Safe Communities Act.”  The bill increases the taxes on gun purchases from 11% to 22% and the tax on ammunition from 11% to 50%.  It also increases the transfer tax on guns covered under the  National Firearms Act from $200 to $500.  The most common guns are excluded under that act and would raise the tax on all other guns from $5 to $100, to be indexed by inflation.

Read more…

Related Articles

Our Privacy Policy has been updated to support the latest regulations.Click to learn more.×