Bill to Increase Gun Taxes.

https://www.congress.gov/bill/115th-...5103/text?r=29

A bill to raise taxes on certain firearms. Guns are already some of the most heavily taxes products in the country; 11% excise tax at the moment.

Quote:

“SEC. 4181. Imposition of tax. “There is hereby imposed upon the sale by the manufacturer, producer, or importer of the following articles a tax equivalent to the specified percent of the price for which so sold: “(1) Articles taxable at 20 percent: “(A) Pistols. “(B) Revolvers. “(C) Firearms (other than pistols and revolvers). “(D) Any lower frame or receiver for a firearm, whether for a semiautomatic pistol, rifle, or shotgun that is designed to accommodate interchangeable upper receivers. “(2) Articles taxable at 50 percent: Shells and cartridges.”.

I guess I can save money by purchasing the stripped receiver and then buying the rest of the parts separately. The Feds are exempt of course.

Quote:

(1) ALLOCATION (A) Thirty-five percent of such amounts shall be available for community-oriented policing services grants for the hiring and rehiring of additional career law enforcement officers.... (B) Thirty-five percent of such amounts shall be available for the Project Safe Neighborhoods.... (C) Ten percent of such amounts shall be available for the Centers for Disease Control National Center for Injury Prevention and Control for purposes of research on gun violence and its prevention.... (D) Five percent of such amounts shall be available for the National Criminal History Improvement Program.... (E) Five percent of such amounts shall be available for the NICS Act Record Improvement Program.... (F) Five percent for the Community-Based Violence Prevention Field-Initiated Research and Evaluation Program of the Department of Justice.... (G) Five percent of such amounts shall be available for the Secretary of Education to provide directed grants and technical assistance to schools ....

Much better than being used to pay off Trump's whores. :)

FFL's who pay the SOT to make machine guns and other weapons will see the $1000 tax increase to $2000.

The next part really sucks.

Quote:

(1) IN GENERAL.—Subsection (a) of section 5811 of the Internal Revenue Code of 1986 is amended— (A) by striking “$200” and inserting “$500”; and (B) by striking “$5” and inserting “$100”. (2) ADJUSTMENT FOR INFLATION.—Section 5811 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:

Hobbyists like myself will pay $500 making tax per firearm instead of the $200 we pay now. There is even a new section to allow adjustment for inflation. The $200 making tax in 1934 would be over $3500 in today's dollars.

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