California Passes Huge Tax On Firearms And Ammunition

Published on September 8, 2023
Duration: 4:02

This video from Copper Jacket TV, presented by an expert with deep knowledge of firearms law, details California's AB 28, a new 11% excise tax on firearms, ammunition, and precursor parts. The tax, set to take effect July 1, 2024, aims to make these items unaffordable and is anticipated to face legal challenges, with California citing historical tax analogs for justification. The speaker, host of a firearms-focused channel, emphasizes the significant financial impact on consumers, potentially doubling sales tax in some areas.

Quick Summary

California's AB 28 imposes an 11% excise tax on firearms, ammunition, and precursor parts, effective July 1, 2024. This tax, in addition to existing sales taxes, aims to make these items unaffordable and is expected to face legal challenges. Businesses will pass this cost to consumers, potentially doubling the tax burden in some areas.

Chapters

  1. 00:00Introduction to California AB 28
  2. 00:37USCCA Sponsorship Ad
  3. 00:51AB 28 Tax Details
  4. 01:25Impact of Tax on Consumers
  5. 02:23California Anticipates Legal Challenges
  6. 03:35Conclusion and Effective Date

Frequently Asked Questions

What is California's AB 28?

California's AB 28 is a bill that imposes an 11% excise tax on the retail sale of firearms, firearm precursor parts, and ammunition. It is designed to make these items less affordable and is set to take effect on July 1, 2024, if signed into law.

How much will the new California firearm tax cost consumers?

The new 11% excise tax in California, when added to existing taxes, can effectively double the sales tax burden. For example, a 9% sales tax combined with the 11% excise tax results in a 20% total tax, meaning an extra $20 for every $100 spent.

When does the California firearm and ammunition tax take effect?

The California AB 28 excise tax on firearms, firearm precursor parts, and ammunition is scheduled to take effect on July 1, 2024, provided the bill is signed into law by the governor.

Why is California implementing an 11% tax on firearms and ammunition?

California's stated goal with AB 28 is to make firearms and ammunition unaffordable, potentially as a response to legal challenges against gun control measures. The state cites public safety and uses historical tax analogs as justification.

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