Videos tagged with Import Duty Tax

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.