House Democrats reintroduce 1,000% tax on ‘assault’ firearms and ‘high-capacity’ magazines

American Thinker ^ | Olivia Murray

[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.

[Scrambler Bob]

So, if I ‘gift’ my item for zero $, the tax is Zero, right?

[Nebr FAL owner]

Any bets on how many Judas Republicans will vote for this BS ?

[MtnClimber]

I hope it never makes it to a vote.

[threefinger]

The FET only applies to fully-assembled weapons. Firearm parts are not subject to it. All the manufacturer has to do is sell the gun minus one part, ... say, ... the charging handle. And then give away a free charging handle (in separate packaging) with each AR (minus) sold.

No FET.

On top of which, with the current SCOTUS, this would never pass constitutional muster.