House Democrats’ Bill Would Impose 1,000 Percent Excise Tax on ‘Assault Weapons,’ ‘High-Capacity’ Magazines

5Mind. The Meme Platform
The Epoch Times Header

People interested in buying certain semiautomatic firearms could be priced out of the market under a proposal supported by more than two dozen House Democrats.

Rep. Don Beyer (D-Va.) introduced legislation on Aug. 4 that would impose a 1,000 percent excise tax on purchases of “assault weapons” and “large capacity ammunition feeding devices.” The tax means that someone looking to purchase a $500 rifle, for example, would have to pay an extra $5,000 on top of the purchase price.

Twenty-four other Democrat lawmakers are co-sponsors, although Mr. Beyer has yet to submit language for the bill.

The measure’s language could follow the same template as his proposal last year, which he called the “Assault Weapons Excise Act.”

Federal law already imposes a 10 to 11 percent excise tax on all gun purchases.

2022 Bill

Mr. Beyer’s 2022 proposal defined “large capacity ammunition feeding devices” as those made for or capable of being modified to hold more than 10 rounds of ammunition. “Assault weapons” included semiautomatic rifles with an adjustable stock, pistol grip, forward grip, threaded barrel, or functional grenade launcher that’s also capable of accepting a detachable magazine or a semiautomatic rifle with a fixed magazine capable of holding more than 10 rounds of ammunition.

That language would encompass widely owned semiautomatic rifles such as the AR-15.

A semiautomatic pistol that can accept a detachable magazine and has a threaded barrel, barrel shroud, second pistol grip, the ability to accept a magazine at any point other than the pistol grip, that weighs more than 50 ounces, or includes a stabilizing brace or protruding buffer tube was also considered an “assault weapon” under the 2022 bill, as is a pistol with a fixed-magazine with a capacity greater than 10 rounds.

A semiautomatic shotgun with a fixed magazine capacity greater than five rounds or the ability to accept a detachable magazine that also has a grip or adjustable stock is also deemed an “assault weapon” in the 2022 measure.

By Ryan Morgan

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Importing chaos: The paradox of nation building

Did anyone in the State Department truly think an Islamic theocracy could be remade into a Western democracy? The idea was always laughable.

Another “Isolated” Incident

We hear it more often. Another isolated incident. Another unpredictable tragedy. But these incidents are not isolated, they're becoming the new norm.

“Thank You Dr. Fauci” Documentary is Shocking!

Angel Studios has just released a documentary on the COVID-19 pandemic and Dr. Anthony Fauci’s involvement with the virus and response to the pandemic.

Brought to You By Walmart™: The Delusional Democrat Autopsy

Democrats convened a crack team of (alleged) electoral experts to figure out what precipitated their humiliating electoral defeat last October.

Behn There, Done That

The only place where no one ever experiences this humiliation is politics, where there is no such thing as disgraceful conduct or sense of shame.

How the US Defense Industry Is Removing China From the Supply Chain

Secretary of War Pete Hegseth said the U.S. must relocate manufacturing of all critical components domestically in a Sept. 30 Quantico speech on base.

Noem Says US Travel Ban to Expand to Over 30 Countries

Homeland Security Secretary Kristi Noem said Dec. 4 the Trump administration plans to expand the U.S. travel ban to over 30 countries.

Netflix to Acquire Warner Bros. Entertainment Assets in $72 Billion Deal

Netflix will acquire Warner Bros. Discovery’s streaming and entertainment assets, ending a competitive bidding process between major media companies.

Over 20,000 Pounds of Cocaine Seized by US Coast Guard

20,000+ pounds of cocaine were seized by the crew of USCGC Cutter Munro, the “largest at-sea interdiction in 18+ years,” the U.S. Coast Guard said.

Trump Signs Memo to Align US Childhood Vaccines With Other Developed Countries

President Trump signed a Dec. 5 memo aiming to align U.S. childhood vaccine schedules with “developed countries,” which give fewer vaccines.

Trump Officials Signal Tariffs Here to Stay Regardless of Supreme Court Ruling

Trump’s top trade officials say the administration’s broad tariff program will stay in place even if the Supreme Court limits emergency economic powers.

Trump Unveils ‘America First’ National Security Strategy, Ending Global Policing Role

The White House has unveiled a new national security strategy built around President Donald Trump’s “America First” doctrine.

Trump Presides Over Peace Signing Between Democratic Republic of Congo and Rwanda

President Trump celebrated the Peace agreement between the Congo and Rwanda, signed in the newly named Donald J. Trump Institute of Peace.
spot_img

Related Articles