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To: Red Badger
Her gun control, made public in August on Medium, shows Warren believes the current ten percent excise tax on firearms is too low. She wants to raise that tax to 30 percent while increasing the tax on ammunition to 50 percent.

Because excise taxes are paid directly by the consumer–the taxes are added to the price of the goods–this means a $500 gun would immediately cost $515

Right, because no one who can do math would settle for urinalism.

6 posted on 10/15/2019 10:50:38 AM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: Still Thinking

30% of 500 is 150........


8 posted on 10/15/2019 10:53:09 AM PDT by Red Badger (Against stupidity the gods themselves contend in vain...................)
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