Elizabeth Warren's Devastating Gun Tax
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The White House hopeful, who's arguably catapulted to frontrunner status, has devised a plan to disarm the poor, by imposing a national gun tax of 30 percent and an ammunition tax of 50 percent.
Per the Washington Times:
Her plan would triple the federal excise tax from its current 10 percent (for handguns) and 11 percent (for shotguns and rifles) and nearly quintuple the ammunition tax from its current 11 percent.
The burden of the tax will fall on the people, not the manufacturer.
Under the Warren gun tax plan, parents seeking a typical $400 shotgun to protect their family would have to come up with $520.
Who would be unable to buy guns because of the Warren gun tax? Certainly not the oft-mentioned “millionaires and billionaires” she claims to want to stick it to. Many poor households will be unable to afford a gun to protect their home.