H.R. 5103 , basically....
“(1) Articles taxable at 20 percent:
“(A) Pistols.
“(B) Revolvers.
“(C) Firearms (other than pistols and revolvers).
“(D) Any lower frame or receiver for a firearm, whether for a semiautomatic pistol, rifle, or shotgun that is designed to accommodate interchangeable upper receivers.
“(2) Articles taxable at 50 percent: Shells and cartridges.”
that's the basics, follow the link to see all of this tax killer bill.. tax guns & ammo out of existence. We knew that they'll continue on this direction..
another proposed bill..tax guns & ammo heavily..
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