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

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

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.

Columns

Is AZ Governor Katie Hobbs Going Down?!

Arizona Governor Katie Hobbs is facing an investigation into criminal charges of bribery, fraud, conspiracy, and racketeering. 

Tax Cuts For the Wealthy? Even Leftists Don’t Believe It.

We need a competitive tax landscape that incentivizes companies in the US. We don’t need politicians choosing industries to favor with their tax incentives.

Biden and Harris Changed TSA to Import Criminal Illegal Aliens!

Biden Admin modified TSA procedures for acceptable forms of ID to enter US by air travel for illegal aliens lacking proper ID papers or a passport.

Birthright Citizenship – It’s Something Parents Should Earn for Their Children

The Citizenship Clause of the 14th Amendment was aimed primarily at securing the rights of newly freed slaves – not an unanticipated illegal immigrant population.

UNREAL Nursing Home Techno-Slop Exposed

“Lyons ReadyCare” and “Sysco Imperial” struck me as unappetizing names for corporate slop, so I looked up what their “supplemental shakes” actually consist of.

News

How Fraud and Waste Harm Medicaid

Medicaid suffers from fraud, although payment errors may cost...

OPM Tells Federal Agencies That Employee Response to Its Mass Email Is Voluntary

Federal agencies have been notified by OPM that employees can choose to respond or not to email asking to report what they did in the past week to their manager.

Culling Chickens to Stop Bird Flu Isn’t Working, Dr. Robert Malone Says

During a discussion Dr. Robert Malone questioned the current approach to limiting bird flu outbreaks—the culling of tens of millions of domesticated birds.

38 Attorneys General Urge FDA to Offer Protection From Fake Weight Loss Drugs

FDA must protect Americans from fake versions of GLP-1 weight loss and diabetes drugs such as Ozempic and Mounjaro and take “decisive action” against bad actors.

US Health Secretary Delays Rule Updating Definition of Healthy on Food Labels

U.S. Health Secretary Robert F. Kennedy Jr. has ordered the delay of a new rule updating the definition of “healthy” on food product labels.
00:01:22

Trump January 6 Indictment Articles

Read January 6 related articles about indictments against Former President Donald Trump.

Federal Judge Declines to Restore AP’s Access to Oval Office

A federal judge refused the Associated Press’s emergency bid to force the White House to restore its press access to the Oval Office and Air Force One.

US Treasury, State Imposes Maximum Pressure With New Sanctions on Iran

U.S. State and Treasury depts imposed sanctions on Iran’s petrol industry, targeting 30+ individuals, entities, and vessels involved in illicit trade of Iranian oil.
spot_img

Related Articles

Popular Categories

MAGA Business Central