Return to Washington Examiner Homepage
May 22, 2013 | 12:31 PM
politics
Washington D.C. weather
Politics

NRA: Feinstein bill would impose $200 tax on many semi-automatic rifles

December 28, 2012 | 7:04 am
Leave a comment
Photo -

The National Rifle Association’s Institute for Legislative Action warns gun owners that Sen. Dianne Feinstein’s new assault weapons ban would impose a $200 tax on hundreds of existing semi-automatic rifle models.

According to Feinstein’s bill summary, the legislation requires owners of semi-automatic rifles – deemed as assault weapons – to register their gun with the Federal Government under the National Firearms Act.

The National Firearms Act, first enacted in 1934, was passed to choke the sale and transfer of automatic weapons.

Under the current NFA, owners of automatic weapons are allowed to keep their weapons but requires an owner to submit photographs and fingerprints to the Bureau of Alcohol, Tobacco, Firearms and Explosives (BATFE).

A $200 tax on an NFA firearm is imposed each time a NFA weapon is registered or transferred to a different address. Presumably, each weapon registered as an NFA firearm would be subject to the same restrictions.

But Feinstein’s bill goes even further, which would ban the transfer of “assault weapons.” According to the NRA-ILA, that means current owners of the banned weapons would only allow them keep them until they die. Instead of the gun passing down to an heir, the NRA-ILA warns, it would be forfeited to the government.

 

From WeeklyStandard.com

  • He’s No Nixon

    The thoughtful Carl Cannon has written a piece, " Richard Milhous Obama ," concluding that our current president has more in common with our 37th than President Obama's partisans would like to...

    Read More...

  • IRS's Lerner Had History of Harassment, Inappropriate Religious Inquiries at FEC

    Perhaps no other IRS official is more intimately associated with the tax agency's growing scandal than Lois Lerner, director of the IRS’s Exempt Organizations Division. Since admitting the IRS...

    Read More...

  • Yet Another Obamacare Design Flaw

    The more the evidence emerges, the more one has to wonder: Could Obamacare have been designed any more poorly? Even those who don’t mind Obamacare’s striking consolidation of power and money...

    Read More...