Posts Tagged taxes

ATF Lawyers Talking Out Of Both Sides Of Their Mouths May Doom Brace Rule

From Armed Scholar:

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How To Destroy The NFA

From Ammoland:

The first step is well underway. It is to educate the gun culture and the general public about the history and failure of the National Firearms Act. When people learn the history and the effects of the act, support for it evaporates.

When people understand the NFA is the result of a political compromise that did nothing to stop crime; but results in thousands of Americans being punished for peaceful acts, support for the NFA drops to politically irrelevant numbers. Support for the NFA is fairly wide, but very shallow, propped up by the dominant Media and their creation and proliferation of false narratives.

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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.

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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.” 

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How Much It Costs To Get Carry Permits That Cover 44 States and DC

From School of the American Rifle:

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Rare Unanimous Supreme Court Decision Supports Individual Rights

From Reason:

The Supreme Court on Thursday unanimously ruled that the government violated the Constitution when it took possession of Geraldine Tyler’s condo over an overdue property tax bill, auctioned the home, and pocketed the proceeds in excess of what she actually owed.

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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.

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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 politicsconservation and wildlife managementwe have found that the growth in conservation funding driven by exploding guns sales presents at least three critical moral and ethical issues.

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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.

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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.

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Illinois Supreme Court Rejects Gun and Ammo Tax

From Cam and Company:

https://youtu.be/NB2evxMozm8

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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.

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Bill Would Remove Short Barreled Rifle Registration From National Firearms Act

From Reason:

On Tuesday, Marshall introduced the Home Defense and Competitive Shooting Act of 2019. This would change provisions of the National Firearms Act of 1934 (NFA) that put extra restrictions on the ownership of short-barreled rifles—that is, semiautomatic rifles with a barrel shorter than 16″ in length or that have a total length of less than 26″.

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Gun Ban Would Decimate Wildlife Conservation

From The Federalist:

Almost $1 billion each year goes to state wildlife and natural resource agencies courtesy of checks written by firearms, ammunition, and related manufacturers. It is the result of an 11 percent excise tax on firearms, ammunition, and related goods known as Pittman-Robertson, or the Federal Aid in Wildlife Restoration Act of 1937.

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Self Defense Tax

From Gun Owners of America:

Under provisions of the Pittman-Robertson Act (P-R), handguns are taxed at the confiscatory rate of 10 percent and ammunition, rifles and shotguns are taxed at an even more outrageous 11 percent. Enacted in 1937, P-R was originally levied at a rate of 11 percent on rifles, shotguns and all types of ammunition and in 1970, handguns were added and taxed at 10 percent.[1] Many gun owners are unaware they are even paying this tax because it is collected by manufacturers, based on the wholesale price of a firearm or ammunition. Don’t be fooled, it is built into the price you pay for a new firearm or ammunition; the manufacturers are not paying the gun tax, you are.

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