Controversial Seattle gun tax falls short of revenue projections

By Brian Seay

Steven Aragon holds a gun at Outdoor Emporium in Oct. 2015. The shop’s owner says the city’s gun tax is hurting business, and city leaders haven’t been transparent about the funds that have been collected. (Photo: Grant Hindsley/Seattle Post-Intelligencer)
A controversial gun tax in Seattle is coming up way short of a projected revenue forecast.
When the city council approved the gun safety tax in 2015, they expected it would generate between $300,000 and $500,000, according to the Seattle Post-Intelligencer. But in its first year, the tax only generated $103,766.22.
For every firearm sold in the Emerald City, a $25 tax is collected. A nickel per round is also collected for .22-caliber ammunition or greater. The money was set aside to help pay for a gun violence study.
“The fundamental principle behind the tax is that the firearms industry should contribute to mitigating the harms caused by their products,” said City Councilman Tim Burgess. “That remains the primary motivation for the tax. That’s what we set out to do, that’s what we passed and that’s what the state Supreme Court has validated.”
The tax survived a constitutional challenge from the National Rifle Association, the National Shooting Sports Foundation and others. They argued the city shouldn’t

Source: Guns.com