This video discusses California's newly passed AB 28, which imposes an 11% state excise tax on all guns, ammunition, and gun parts sold by licensed dealers. The tax is intended to make these items more expensive and less accessible. Exemptions are provided for active/retired law enforcement and small dealers. The video questions the constitutionality of this measure and its impact on gun ownership.
California has passed AB 28, a significant tax on firearms and ammunition, intended to make these items unaffordable. This legislation imposes an additional 11% excise tax on vendors and FFLs, which will be passed on to consumers, potentially increasing total sales tax to 20% or more. The state anticipates legal challenges, citing historical analogs to justify the tax, though critics argue it's an unconstitutional attempt to price out low-income individuals. The law is set to take effect on July 1, 2024, if signed by the governor.
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