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Posts Tagged taxes
There Are Now More Programs For Ranges As The Number Of Shooters Increases
From The Truth About Guns:
Some of the biggest demand for new ranges exists in urban and suburban communities. That poses its own set of unique obstacles, especially for suitable land that is affordable for public shooting ranges and addresses existing concerns for noise issues associated with recreational shooting ranges.
Bill Would Ban Excise Taxes On Guns and Ammo
From Bearing Arms:
Idaho Sen. James Risch and California Rep. Darrel Issa are the primary sponsors of the “Freedom from Unfair Gun Taxes Act”, which Risch says would block states from imposing new excise taxes on the sale of firearms and ammunition that channels the revenue to gun control efforts.
In a press release, Issa stated, “For years, extreme state policies and governors, including from my home state, have targeted the fundamental Second Amendment rights of our fellow Americans. California’s new imposition of a ‘sin tax’ on firearms and ammunition equates a core constitutional freedom with gambling or drug use. Enough is enough. That’s why Sen. Risch and I are joining forces to introduce this key legislation and stop any state tax that seeks to raise the price of self-defense out of reach for any American.”
Proposals For Gun Friendly States
From Bearing Arms:
1) Repeal all carry permit fees
The right to keep and bear arms is a right. Creating permits around it is an infringement. Just yesterday, I wrote about how poor people are burdened with fees in Michigan and New York. Permitless carry is the way forward as the majority of states have done already. However, permitless carry states are still issuing permits partly to help their citizens traveling to other states. Those states need to zero out any and all fees for concealed carry permits, period.
Prohibitionists Want To Add Taxes To ARs
From Guns.com:
The measure, nobly named “The Gun Violence Prevention and Safe Communities Act,” taxes guns sold commercially in the U.S. to create guaranteed annual funding for a host of progressive programs and initiatives. While not named or described in detail, a press release from U.S. Rep. Danny Davis, a Chicago-area Democrat who backs the bill, says recipients would include “community-based violence prevention grants” and “gun violence research.”
Rare Unanimous Supreme Court Decision Supports Individual Rights
Conservation Fund Passes 16 Billion
From Ammoland:
NSSF, The Firearm Industry Trade Association, celebrated a milestone achievement after announcing firearm and ammunition manufacturers topped $16.1 billion in excise tax contributions to the Wildlife Restoration Trust Fund since its inception in 1937. When adjusted for inflation, the total is more than $25 billion. The latest Firearms and Ammunition Excise Tax (FAET) Collection report released by the Department of the Treasury, covering the 4th Quarter Calendar Year 2022, indicates that firearm and ammunition manufacturers contributed more than $235 million, the third-highest 4th calendar quarter in history.
Is It Time To Rethink The Excise Tax On Guns and Ammo?
From The Truth About Guns:
These taxes on guns and ammunition sales provide a growing share of budgets for state fish and game agencies. But as scholars of environmental politics, conservation and wildlife management, we have found that the growth in conservation funding driven by exploding guns sales presents at least three critical moral and ethical issues.
Arizona Considers Removing Taxes on Guns and Safety Equipment
From Guns.com:
The measure, HB 2166, was introduced last week by state Rep. Steve Kaiser, R-Phoenix, and has four co-sponsors. As detailed by the Arizona Daily Star, the state has a 5.6-percent tax on retail sales that, combined with local taxes, can hit a combined rate as high as 11.2 percent in some communities. This, Kaiser told local media, can be a deterrent to purchasing a firearm, “And cost should not be a barrier to defend your family, your property,’’ said Kaiser.
Citigroup Caves To Texas On Gun Stance
From The Truth About Guns:
Citigroup took a key step to restart its public-finance operations in Texas by submitting a letter last month verifying its compliance with the new law.
The bank sent a so-called standing letter to the Texas Attorney General’s office, a requirement for banks if they want to do business with Texas and its local governments after the legislation took effect.
If They Can’t Ban Guns, Tax Them
From NRA-ILA:
Joe Biden – ludicrously marketed to Middle America as a “moderate†– plans to ban the manufacture, sale, and possession of a host of popular semiautomatic firearms, including the most popular one of all, the iconic AR-15. For those who already own such guns, Biden would extend an offer that could not be refused, except on pain of federal imprisonment: surrender them to the government for whatever compensation might be offered or pay $200 to register them in a national database. This $200 per unit tax would also apply to each firearm magazine that could hold more than 10 rounds.
So, for example, the owner of a single AR-15 with 5 standard capacity magazines who wanted to keep his or her property would be hit with a $1,200 tax bill. And this doesn’t even take into account any other registration and fingerprinting costs.