Beto may have gotten all of the ink for proposing to confiscate assaulty-looking rifles, but there are other ways to disarm Americans that don’t involve grabbing guns. After some time in the statist sweat lodge, Princess Lieawatha’s big brainstorm is to increase the taxes on guns and ammo to confiscatory levels.
That, of course, would price a lot of low and moderate income people out of the the market for tools of armed self defense.
Democratic frontrunner Elizabeth Warren has devised a way to disarm the poor — a steep national gun tax of 30 percent and an ammunition tax of 50 percent.
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.
– Emmanuel Sessegnon in How Elizabeth Warren’s gun tax will disarm the poor