Federal taxes on firearms and ammo; can you make sense of this tax table? (LINK)
This table (link) shows what the Fed collects in excise taxes on all sorts of stuff, including the category, "Firearms and Ammo".
If any of you are knowledgable about such taxes, could you please decipher what this means to us consumers in dollars and cents for such items?
Of course, when we buy guns and ammo, these taxes are already built in to the price we pay; we see no item "excise tax", but it's there. Of course, state sales tax is on top of that.
Regards,
Louis of PA
Link:
Annual Federal Excise Tax Revenue by Type of Tax
Atlas, that's exactly what I was looking for; thanks much!
Atlas,
That's very helpful to know and I appreciate the digging you did to expose it. I'd like to think my taxes help to produce good government, but we all know how unrealistic and silly that is.
Judging from the info you supplied, the manufacturer's price to the dealer is where it's added, so we never see it itemized as such.
When I take over the country - peacefully of course - I will decree that everything that is taxed must CLEARLY SHOW that tax on whatever item is involved. It's the only way people - rich and poor alike - will understand how much the government extorts from them every day.
Regards,
Louis of PA
P.S. If I purchase this belly gun, would it be subject to excise tax too?
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