Trigger
Today (8/27/2013), I saw news that two Democratic federal lawmakers want to increase the FAET for “on all weapons (except antique guns) covered under the National Firearms Act (which excludes most common guns) from $200 to $500 and index to inflation and increase the transfer tax for any other weapon from $5 to $100. The proposed legislation would also “would nearly double the current 11 percent tax on handguns, while raising the levy on bullets and cartridges from 11 percent to 50 percent.”
Comment
1. This legislative proposal is unconstitutional. It would make purchasing guns and ammunition almost prohibitive for low income earners. Lawmakers who make such proposals should lose the next reelection.
2. Special taxes like the FAET should be banned by the constitution anyway. Such special taxes like this one are usually expressions of paternalism or bias by our busybody lawmakers. A good constitution would only allow broadly based taxes like an income tax that applies equally to all citizens without any preferences etc.
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