The federal government already taxes the sale of guns and ammunition at either 10% or 11%, depending on the type of gun. The law Newsom signed adds another 11% tax on top of that — making it the only state with its own tax on guns and ammunition, according to the gun control advocacy group Brady.
That campaign is unlikely to succeed, given the political makeup of the other state Legislatures Newsom needs to convince. But it has put him at the forefront of an issue at the top of many Democratic voters’ lists. Newsom also signed a law that, starting July 1, 2028, would require all semiautomatic pistols sold in California to have microstamping technology. That means each bullet would have a unique marking making it easier for law enforcement to trace the gun it was fired from back to its owner.
The federal tax on guns has been in place since 1918 and has survived multiple lawsuits. The money from that tax goes to the states, who use it to pay for wildlife conservation and hunter safety programs.
Education Education Latest News, Education Education Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »