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Plan B: Taxing to Death the Firearms Industry

Jeff6235 Wrote: Mar 11, 2013 2:13 PM
Heavy taxes will force sales underground and people will figure out a way to beat it. High taxes always create a black market. people in Maryland will go to Virginia to buy their bullets. Watch ammo stores open up in the borders of Maryland.
James____Tx Wrote: Mar 11, 2013 2:17 PM
Like the boarders between a dry and wet county, I can see that happening.

If you can't ban it, tax it into being unattainable. As efforts to reinstate a federal ban on modern sporting rifles at the federal level fail to gain traction, lawmakers on Capitol Hill are looking for another option to get their gun control goals fulfilled with a little help from the IRS.

The proposals range from the modest -- a proposed 5 percent tax in New Jersey -- to the steep -- a proposed 50 percent ammo tax in Maryland. The bills follow efforts to ban...

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