I'll do this nicely for you. it will be organized and everything.
"But coming from the chairman of the Finance Committee, one of the two Senate committees with a predominant role on the health bill, a proposal to tax ammunition immediately becomes a serious issue"
"Obviously that is a source of revenue that could be examined, and we will consider it,"
"Mr. Moynihan's proposal would raise the current 11 percent tax on the wholesale price of handgun ammunition to 50 percent in most cases. It would not raise the tax on .22-caliber ammunition typically used for target shooting."
"That high tax rate would also apply to all .50-caliber ammunition, which is for very large handguns. "These bullets have no purpose other than to cause the greatest possible destruction of human life," Senator Moynihan said about the ammunition he wants to tax at 10,000. "We must effectively tax these hyper-bullets out of circulation."
"A box of 50 higher-grade .38-caliber cartridges may sell for about $16, with the tax $1.20. The tax would increase to $5.90 under the Moynihan proposal. "

Please sir, try and know your stuff before you talk. That is from the NY times by the way.
-Jake