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.

Nick Shirley’s Source Revealed

Over the weekend native Minnesotan David Hoch revealed himself...

George Soros and the Power of an Untested Story

There are few figures in modern history whose personal narrative is widely accepted, emotionally charged, yet less rigorously examined than George Soros.

The Constitution Does Not Confer Power—It Limits It

It's unsettling how our leaders claim they set the limits of their power. It’s the opposite, the Constitution does not confer power, it limits it.

With Friends Like The Europeans Who Needs Enemies?

Most European leaders favor leftist policies—big government, climate action, open borders, and endless wars—rejected by American voters in 2024.

Lifting the Veil of Radical Islam

When religion remains personal, it can coexist within pluralistic societies. When it becomes a governing mandate, conflict becomes inevitable.

Mother Testifies She Consented to Daughter’s Transgender Surgery Over Fears for the Teen’s Life

A mother told jurors last week that she consented to breast removal surgery for her teenage daughter out of fear the girl would take her own life.

It’s ‘Very Unlikely’ Supreme Court Will Overturn Trump’s Tariffs, Bessent Says

Treasury Sec. Scott Bessent said he believes it’s unlikely the U.S. Supreme Court will overturn the Trump admin’s tariffs under an emergency law.

Trump Says NYSE Expansion in Dallas Is ‘Bad Thing’ for New York, ‘Big Test’ for Mamdani

President Trump said that building a NYSE in Dallas would be detrimental to New York and pose a big test for NYC Mayor Zohran Mamdani.

The Quiet Spread of AI-Generated ‘Brainrot’ Across Social Media

Generative AI is sweeping across online video platforms and may now account for a sizable portion of YouTube’s short-form video feed, recent research shows.

Trump Says Denmark Failed to ‘Deal With Russia Threat’ in Greenland

President Trump said he would deal with “the Russia threat” over Greenland, accusing Denmark of failing to do enough to secure the Arctic island.

Trump Taps WeatherTech CEO for Federal Trade Commission

President Trump nominated WeatherTech CEO David MacNeil to a seat on the U.S. Federal ‍Trade Commission, according to a ‍post on the White House website.

Trump Calls for New Leadership in Iran

President Donald Trump has called for regime change in Iran in the wake of protests that have engulfed the country in recent weeks.

Trump Warns Iran Against Targeting US Bases

The Trump admin warned Iran against targeting American military bases, saying any attack on U.S. assets would be met with “very, very powerful force.”
spot_img

Related Articles