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Bill Before Congress Would Tax Handguns Sales At 20 Percent; Ammo At 50 Percent

August 26, 2013 by  

Two Democratic Congressmen are sponsoring a House bill that seeks to place a Federal tax on the sale handguns and ammunition.

House Bill 3018, sponsored by Danny Davis (D-Ill.) and Bill Pascrell (D-N.J.), would amend current Internal Revenue Code to assess a 20 percent tax on “pistols” and “revolvers” and a 50 percent tax on “shells and cartridges.”

The bill, titled the “Gun Violence Prevention and Safe Communities Act of 2013,” aims to reduce the incidence of violent shootings by dissuading gun buyers from purchasing so doggone much ammunition and, to a lesser extent, the guns that shoot it, all while stockpiling additional tax revenues for use at the Feds’ discretion.

Pascrell has said he believes the tax is “a long time coming” and that Federal revenues raised from the tax increase could subsidize police departments across the country.

Congressman Pascrell estimates the tax hike on guns would amount to additional $600 million in Federal revenues each year.

Ben Bullard

Reconciling the concept of individual sovereignty with conscientious participation in the modern American political process is a continuing preoccupation for staff writer Ben Bullard. A former community newspaper writer, Bullard has closely observed the manner in which well-meaning small-town politicians and policy makers often accept, unthinkingly, their increasingly marginal role in shaping the quality of their own lives, as well as those of the people whom they serve. He argues that American public policy is plagued by inscrutable and corrupt motives on a national scale, a fundamental problem which individuals, families and communities must strive to solve. This, he argues, can be achieved only as Americans rediscover the principal role each citizen plays in enriching the welfare of our Republic.

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