Posted on 08/07/2023 6:20:27 AM PDT by MtnClimber
Economic warfare is a quintessential facet of any war campaign—think tariffs, or the crippling sanctions imposed against unfriendly regimes like Iran, China, and North Korea by President Trump during his tenure—and the American political class knows it, and they use it.
But against whom? Well, their enemy obviously, which is us of course!
See the excerpt below from a Fox News piece out yesterday:
More than two dozen House Democrats put forward legislation Friday that would slap ‘assault weapons’ and high-capacity magazines with a 1,000% excise tax, a change that would raise the price of a $500 weapon to $5,000 in a bid to reduce access to guns across the country.
(An excise tax is one levied at the point of manufacture, and then reflected at the point of sale.)
Congressman Don Beyer, a Democrat from Virginia, introduced the same idea last year, and as Fox also noted:
The text of Beyer’s new bill was not out as of the weekend, and it was unclear if any changes were made from his 2022 version.
If the text does remain unchanged, the 1000% tax would apply to every “semiautomatic assault weapon” with a fixed magazine that held 10 or more rounds. Like seen above, a $500 firearm would now cost $5,000, and a $2,000 firearm would ring in at $20,000. (And this would all be before any local taxes or fees.) Clearly, if you’re a regular American, these prices would be prohibitive, and completely nullify your ability to purchase a firearm.
(Excerpt) Read more at americanthinker.com ...
Would McCarthy allow this to come up for a vote?
Stalin, Mao, Pol Pot and Hitler would agree 1000%! We are being run by tyrants that hate us!
“If the text does remain unchanged, the 1000% tax would apply to every “semiautomatic assault weapon” with a fixed magazine that held 10 or more rounds.”
Hey, no problem, only applies to “fixed magazines”. Just make sure all firearms have removable box magazines.
These people are stupidly dangerous and have no idea what they are even talking about.
Which will die in committee. 🙄
No different - actually much worse - than a poll tax on the constitutional right to vote.
A tale told by more than two dozen House IDIOT Democrats!
Their constituents need to get rid of them in 2024!
Certainly, and two dozen Republicans will vote for it to ensure its passage. (Only half sarcastic)
Call them the Biden Taliban..
We have to stop accepting “bypassing” illegal laws because they simply end up in crazier laws....We need to be proactive and roll back the illegal laws and being steps ahead of them.
Won’t this make the rifles more expensive when the government wants to “buy them back?” /s
Okay, in all seriousness, this legislation is DOA and simply political posturing. I presume they are doing this simply to establish standing for fundraising?
Because I am sure the gangs in Chicago are going to pay their taxes.
Just oike all of the other stupid laws and regulations that leftists have imposed upon us.l like Obamacare. /sarc
Considering what several senators just signed off on in the form of the Undetectable Firearms Act bundled in with the recent NDA, I wouldn’t be surprised if the House turns around and screws us.
Somehow me thinks that taxing a right into oblivion might be slightly unconstitutional.
… shall not be infringed.
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.