HR 3018

[Kythas]

There's a new bill in Congress that will impose a new 20% tax on firearms and a 50% tax on ammunition.

It also increases the fees paid by firearms dealers by 100% and adjusts the fees for inflation.

http://www.govtrack.us/congress/bills/113/hr3018/text" onclick="window.open(this.href);return false;

[Kythas]

It also increases the tax to transfer a firearm:

(b) Increase in Transfer Tax on Firearms-

(1) IN GENERAL- Subsection (a) of section 5811 of the Internal Revenue Code of 1986 is amended--

(A) by striking ‘$200’ and inserting ‘$500’, and

(B) by striking ‘$5’ and inserting ‘$100’.

(2) ADJUSTMENT FOR INFLATION- Section 5811 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:

‘(d) Adjustment for Inflation- In the case of any taxable year beginning in a calendar year after 2014, each dollar amount in subsection (a) shall be increased by an amount equal to--

‘(1) such dollar amount, multiplied by

‘(2) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2013’ for ‘calendar year 1992’ in subparagraph (B) thereof.

If any increase under paragraph (1) is not a multiple of $5, such increase shall be rounded to the next lowest multiple of $5.’.

[alvins]

i dont think the republicans are going to let that pass.

[The Annoyed Man]

Who filed this piece of crap?

[AEA]

Dems........who else?
We knew this was coming.

Wonder if they will raise the cost of living allowance proportionally to those of us on Social Security?

[sjfcontrol]

Who filed this piece of crap?

Danny Davis (D. Il.)

[Pecos]

What happened to our country????

[RoyGBiv]

What happened to our country????

Low information voting?

[AEA]

no comprendo voters, voting multiple locations.

[VoiceofReason]

Someone should introduce a bill that would lower the taxes on guns & ammo.

Every time some idiot introduces legislation like this, another bill should be introduced that would do just the opposite.

That might stop some of this.

[Pecos]

Someone should introduce a bill that would lower the taxes on guns & ammo.

Every time some idiot introduces legislation like this, another bill should be introduced that would do just the opposite.

That might stop some of this.

[Grillmark55]

Someone should introduce a bill that would lower the taxes on guns & ammo.

Every time some idiot introduces legislation like this, another bill should be introduced that would do just the opposite.

That might stop some of this.

That would take legislators with some... guts. Unfortunately the current Congress has too few to make a difference. Most of them are too worried about keeping their jobs than actually working for the people who sent them there - which is why there needs to be term limits.

[gthaustex]

Who filed this piece of crap?

Danny Davis (D. Il.)

Davis just happens to be a Representative from...wait for it.....Cook County, Ill. Basically, Chicago. No surprise there.

[Grillmark55]

Who filed this piece of crap?

Danny Davis (D. Il.)

Davis just happens to be a Representative from...wait for it.....Cook County, Ill. Basically, Chicago. No surprise there.

Huh - as if the legislation would actually affect anybody in his district.

[bdickens]

This probably has zero chance of gaining any traction.