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by yerasimos
Sat Jan 08, 2011 3:26 pm
Forum: Federal
Topic: President signs Federal Excise Tax Improvement Act of 2010
Replies: 10
Views: 7390

Re: President signs Federal Excise Tax Improvement Act of 20

I know this happened in summer 2010, but I thought some contrary opinion was necessary here.

The bill's text can supposedly be found at http://frwebgate.access.gpo.gov/cgi-bin ... nr.txt.pdf

Only section 2 (a few brief paragraphs that make up less than half of the first page) has anything to do with adjusting the timing of excise tax payments.

Sections 3 ("ASSESSMENT OF CERTAIN CRIMINAL RESTITUTION") and 4 ("BUDGETARY PROVISIONS") take up the bulk of the text, do not contain the word "gun", "firearm", or "excise", and upon first blush do not appear to have direct bearing upon the collection of excise tax levied upon firearms and ammunition.

Section 3 references and amends Internal Revenue Code of 1986, Section 6201, subsection (a), and Section 6213, subsection (b), among others.

Section 4 makes an adjustment to the HIRE Act.

My guess is Paul must have sensed a stinker in Sections 3 and/or 4 that prompted him to vote against the whole package. Possibly he is simply tired of the NRA trying to tell him how to vote---but I doubt the NRA tries to lobby him (and if so, I would not fault them for not trying).

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