Gun and Ammo Sales Cooling

The Department of the Treasury has once again been kind enough to release its firearms and ammunition excise tax collection reports for your dining and dancing pleasure. Firearm and ammo makers reported tax liabilities of $104.32 million in the third calendar quarter of 2010 (July 1 through Sept. 30). That’s down 9.93 percent over the same period in 2009. Breaking it down, $25.7 million was due in taxes for pistols and revolvers, $33.94 million for firearms and $44.68 million for ammunition (shells and cartridges). Compared to the same period in 2009, tax obligations were down 13.91 percent for pistols and revolvers, down 8.48 percent for firearms and down 8.61 percent for ammunition (shells and cartridges).

comments

  1. avatar Ralph says:

    I guess the Mexican cartels don’t pay no stinkin’ taxes.

    1. avatar Vigilantis says:

      They don’t pay anything, period. They just steal the guns from police armories, who got them free, courtesy of US taxpayers. Hurray for the war on drugs!

  2. avatar JOE MATAFOME says:

    They would be down even more without my support. LMAO

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