ORIGINAL: Bocajnala
ORIGINAL: Bowtech 360
ORIGINAL: Bocajnala
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
Said they were going to and actually is doing it is two very different things. And they were only talking about handgun ammo. That conversation is just two ignorant people. A greater increase of the price of ammo is because of the war. Is this bill even put into affect in any state yet? Doing so would be against the constitution and you would see this case in the supreme court with the NRA winning. Because I really doubt it will ever be true. Dont believe everything you read.
So it is ok to tax our handgun ammo? And for the record this bill was just put up on sep. 23rd for consideration. Also, california, chicago and Atlanta all are discussing similar things. This would be a
DRASTIC RAISE the taxes I am talking about are the ones that have been added slowly the last few years. it is now up to 11% which is a lot more then three years ago. But I'm sure your right. We do not need handgun amunition. we can just point and click and say bang. it will be almost the same right?
So how is a bill that is being put up for consideration affecting our taxes now raising them almost 3x the previous amout?