Videos tagged with Federal Excise Tax

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.

This video explains a significant change in federal taxation for Short Barreled Rifles (SBRs) and Short Barreled Shotguns (SBSs), effective January 1st, where the $200 tax stamp fee is eliminated. It also highlights a 'loophole' where NFA-governed items are exempt from the 10-11% federal excise tax, making SBRs and SBSs potentially more affordable than standard firearms. The video clarifies Washington state law regarding SBRs, noting that while semi-automatic SBRs are banned, lever-action or bolt-action SBRs remain legal if federal requirements are met.

This video discusses the impact of California's AB 28, which imposes an 11% excise tax on firearms and ammunition transferred through an FFL, effective July 1st. The California Rifle and Pistol Association (CRPA) has filed a lawsuit challenging this tax. For ammunition, individuals with an FFL Curio Relics license and a Certificate of Eligibility (COE) in California may be able to order from online retailers who are exempt from collecting the tax if their sales in California are under $500,000.

This video discusses potential increases in ammunition costs due to new excise taxes. It highlights the current federal excise tax of 11% and a proposed New York state excise tax of an additional 11%, which could lead to a total tax increase of up to 30-40% when combined with state and local sales taxes. The speaker explains the concept of excise tax as a levy on potentially harmful or infrastructure-damaging items.

This video highlights how the firearm industry's contributions, primarily through federal excise taxes, are crucial for wildlife conservation and public land management. It details how these funds support initiatives like habitat restoration and the acquisition of land for public use, benefiting hunters, birdwatchers, and outdoor enthusiasts alike. The Georgia DNR example illustrates the tangible impact of this user-pay system on conservation efforts.

This video from SIG SAUER, in collaboration with Blood Origins, discusses the Pittman-Robertson Act and its critical role in funding wildlife conservation in the United States. It highlights how an 11% excise tax on rifles and 10% on handguns, paid by manufacturers but ultimately by consumers, generates significant revenue for state wildlife agencies. The video argues against the proposed "Return Act" which aims to remove this tax, emphasizing the devastating impact on wildlife populations prior to the legislation and the act's success in sustaining habitats and animal populations for future generations. SIG SAUER advocates for unity behind this tax, recognizing its value for both sportsmen and the broader ecosystem.

This video discusses the recent signing of HR 7108 by the Biden administration, which imposes a 30% duty tax on ammunition originating from Russia and Belarus. This new tax, combined with existing federal excise taxes, is projected to significantly increase ammunition costs in the U.S., potentially doubling prices for certain types of ammunition. The speaker highlights that this action, along with previous sanctions, negatively impacts American consumers' Second Amendment rights.

This video provides an expert analysis of leaked ATF proposed regulations concerning firearms, frames, receivers, and privately made firearms (PMFs). The speaker, an authority on firearms law, details how expanded definitions of 'firearm' and 'readily convertible' could impact components like 80% lowers and parts kits. It also covers new marking, serialization, and record-keeping requirements for FFLs and manufacturers, directly addressing the rise of PMFs and 3D-printed firearms. The content urges viewers to engage in the public comment period to voice opposition to these proposed changes.

This guide, informed by industry analysis from Jon Patton, outlines the critical factors determining a firearm cartridge's long-term success. It emphasizes that beyond just firearm availability, the accessibility and affordability of diverse ammunition, coupled with consistent marketing investment, are crucial for a caliber to thrive in the mainstream market. The analysis also touches on the financial struggles of firearm manufacturers, exemplified by the bankruptcy of Jimenez Arms.

This video analyzes the bankruptcy of Hudson Mfg, highlighting common pitfalls in firearm manufacturing. It emphasizes historical precedents of startup failures, the challenges of market saturation with established brands like Glock and Smith & Wesson, and the critical importance of managing cash flow, especially with excise taxes. The discussion also covers the lengthy iteration cycle for firearm designs and the engineering hurdles in transitioning from prototypes to mass production, offering advice to consumers against pre-ordering unproven products.

This video explores the crucial role of the Wildlife and Sport Fish Restoration Program (WSFR) in funding wildlife habitat projects. It highlights how federal excise taxes from firearms and related product sales directly contribute to these initiatives, which are essential for maintaining and creating diverse habitats for wildlife. The video features T/C joining the MassWildlife prescribed fire crew, showcasing a real-world application of these funds. It encourages viewers to learn more about these projects and their impact.

This guide details the advantages of purchasing BCM AR-15 upper and lower receivers separately, focusing on avoiding the 11% Federal Excise Tax on complete rifles. It highlights potential cost savings that can be reinvested in other firearm accessories. The video also touches upon customization options and warranty considerations when building an AR-15 from individual components, featuring specific BCM models like the ELW upper with KMR Alpha handguard.