Florida has implemented a tax holiday for firearms and ammunition, running from September 8th through the end of 2025. This initiative aims to reduce the financial burden on consumers and businesses by eliminating state sales tax on these items. The video discusses how federal excise taxes, in addition to state sales taxes, significantly inflate the final cost of firearms and ammunition, and highlights the positive impact of removing these taxes.
The host of GFG explains how increased European ammunition manufacturing capacity, driven by past high demand, has led to a surplus of affordable ammo entering the US market. This influx is forcing US manufacturers to lower prices to compete, benefiting consumers with lower costs across various popular calibers like 9mm, 5.56, .308, and .45 ACP.
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