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Plan B: Taxing to Death the Firearms Industry

MascisMan Wrote: Mar 11, 2013 8:26 PM
This is basically what the government did with the $200 NFA tax stamp back in 1934. The $200 tax on NFA firearms was more than the firearm itself.

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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