[maine-iac7]

So, if I purchase an assault weapon for $500, I can get $2,000 for it from the government. Net profit: $1,500.

NO.

It means you get to claim $2,000 of your taxable income. That won't add to much in a tax return...that will then become seize-able by the gub'mint if you ain't got O-Care.

Clever little beoches - eh wot?

[marktwain]

“It means you get to claim $2,000 of your taxable income.”

No, you misunderstand it. I read the bill. It is not a deduction. It is a direct tax credit. If you own as much as $1,000 in a year, it is like free money.

These people really are this economically ignorant.

Yes, I know, hard to believe.

And, yes, an AR-15 receiver qualifies. A stripped on costs about $50.

This bill will never pass. Not even a majority of congressmen are this insane.