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Plan B: Taxing to Death the Firearms Industry

Kevin348 Wrote: Mar 11, 2013 11:24 PM
I find it laughable that while CA's public sector unions are plunging quickly into insolvency that they are divesting themselves from arms makers. Way to go, unions. Do something else idiotic and divest in commodities and reinvest in the stock market.

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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