Gun law advocates hail new credit card code as a way to cut down on suspicious sales

I think it means they can quickly flag those purchases for the government, give them a list of who’s naughty and nice, according to their values.

The information will certainly be used for that, but it's unlikely that is the main reason that the gun control side pressured the IOS into creating these categories. It's probably more central to their aims (and more dangerous to liberty) as an exetsion of the Obama era "Operation Chokepoint", which attempted to deny financial services to a range of businesses that the regime didn't like.

Having this show up on payment transactions is going to make it trivially easy for payment processors to drop vendors, for gun shops to lose their bank accounts, for on-line sales processing services to deny access, and on and on. It's just a death by a thousand cuts, progressivily increasing costs and "friction", with the goal of slowly strangling the lawful commerce in arms, as it now appears they will not be able to legislate gun bans.

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.