Warren’s Gun Tax Likely To Hit Poor Worst

By Tom Knighton

When it comes to crime statistics, all people are not created equal. Well, they were, but then various circumstances can increase their risk of being the victim of a crime so that not everyone faces an even risk. For example, someone living in an expensive gated community and ventures only into certain parts of the city is highly unlikely to become the target of a criminal while someone who lives in the poorer part of town is far more likely to be.

As a result, guns–and expensive item to begin with–don’t need to be any more expensive than they already are.

However, Democratic presidential candidate Sen. Elizabeth Warren wants to throw a tax on top of the expense. That’s going to hurt the poor worse than anyone.

But 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 …Read the Rest

Source:: Bearing Arms