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Friday, June 11, 2021

New taxes under Biden gun registration push will reach billions

The Biden administration’s new push to regulate highly popular AR-style pistols could net Uncle Sam billions in new tax revenue and rub out a small industry involved in the production of the firearms.

In a newly proposed regulation from the Bureau of Alcohol, Tobacco, Firearms and Explosives, most owners will have to pay a $200 tax per weapon or radically change it or turn the gun in to be destroyed.

And because ATF said it doesn’t expect anyone to give up their guns, the money would roll in if the rule is adopted.
-Newmarket73

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Key words: "if everyone complied".
I'm gonna leave it at that.