House Democrat proposes 1,000% excise tax on ‘assault weapons’ and ‘high-capacity’ magazines.
Democrats Propose Bill to Increase Prices of Semiautomatic Firearms
Attention all firearm enthusiasts! Brace yourselves for a potential blow to your wallets. A group of over two dozen Democrats are rallying behind a new bill that could make purchasing certain semiautomatic firearms a luxury only a few can afford.
Leading the charge is Rep. Don Beyer (D-Va.), who recently introduced a groundbreaking piece of legislation. This bill, if passed, would impose an astronomical 1,000 percent excise tax on the acquisition of “assault weapons” and “large capacity ammunition feeding devices.”
Imagine this scenario: you’ve got your eye on a sleek $500 rifle, ready to make it yours. But hold on tight, because under this proposed law, you’d have to cough up an additional $5,000! That’s right, a whopping five grand on top of the original price.
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