California Passes Huge Tax On Firearms And Ammunition

Published on September 8, 2023
Duration: 4:02

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.

Quick Summary

California's AB 28 imposes an 11% excise tax on firearms and ammunition, effective July 1, 2024. This tax, in addition to existing ones, will significantly increase consumer costs, potentially reaching 20% or more. The state anticipates legal challenges, using historical tax analogs for defense.

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 new law that imposes an 11% excise tax on firearms, firearm precursor parts, and ammunition. This tax is intended to make these items less affordable for Californians and is set to take effect on July 1, 2024, if signed by the governor.

How will AB 28 affect firearm and ammunition prices in California?

AB 28 will increase prices significantly by adding an 11% tax on top of existing taxes. Businesses are expected to pass this cost to consumers, potentially leading to a total sales tax of 20% or more on firearms and ammunition purchases.

What is the justification for California's AB 28 tax?

California's legislature cites public safety and the need for funding as justification for AB 28. They are also preparing to defend against legal challenges by referencing historical analogs like hunter resource taxes and conservation fees.

When does California's AB 28 tax go into effect?

If signed by the governor, California's AB 28 tax on firearms and ammunition will take effect on July 1, 2024. This means prices for these items will increase starting on that date.

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