Gun Policy News
Gun Control as Economic Stimulus: Obama Spurs 45% US Gun Tax Hike
16 July 2010
New York Times, Blog
Federal tax revenue on the sales of firearms and ammunition rose 45 percent in the last fiscal year. That is the highest annual increase on record, according to a new report from the Treasury Department's Alcohol and Tobacco Tax and Trade Bureau.
By comparison, the annual average increase for fiscal years 1993 to 2008 was 6 percent. Here's a chart showing millions of dollars of firearms and ammunition excise taxes collected at the federal level over the last... (GunPolicy.org)