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  • 'Bingo' Biden aims $3.6B gun tax plan at AR-15 owners for rifles they already own

    'Bingo' Biden aims $3.6B gun tax plan at AR-15 owners for rifles they already own

    Democrat presidential nominee Joe Biden’s proposed gun control policy includes a provision that could require every AR-15 rifle be registered under the National Firearms Act of 1934. Unless there were some form of carve-out, this could mandate that American gun owners pay a $200 federal tax per AR-15 that they own.

    H/T: Breitbart

    The National Rifle Association’s Andrew Arulanandam told Breitbart News that the current “low end” estimate of privately-owned AR-15s in the United States is 18 million. A tax of $200 on 18 million AR-15s means that gun owners could potentially be required to a pay a collective $3.6 billion in taxes, if this policy were enacted into legislation.

    In addition to the $200 tax, owners of guns that are deemed “assault weapons,” under Biden’s view of the NFA, could also be required to register these weapons with federal authorities, submit their finger prints and photograph, and potentially submit to an FBI background check.

    These proposals are spelled out on the Biden campaign website, which links to a memorandum written by former Congresswoman Gabrielle Giffords’ Giffords Law Center that “proposes that any legislative solution to address assault weapons should require the registration of all existing assault weapons under the National Firearms Act (NFA).”

    Here is the relevant text from the Biden campaign website:

    Regulate possession of existing assault weapons under the National Firearms Act. Currently, the National Firearms Act requires individuals possessing machine-guns, silencers, and short-barreled rifles to undergo a background check and register those weapons with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). Due to these requirements, such weapons are rarely used in crimes. As president, Biden will pursue legislation to regulate possession of existing assault weapons under the National Firearms Act.

    Read the Giffords Law Center memorandum below.

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