Gun Gripes #154: H.R. 5103, They Want to Tax Guns To Death

Published on March 30, 2018
Duration: 25:41

This video from Iraqveteran8888 discusses House Bill 5103, the 'Gun Violence Prevention and Safe Communities Act of 2018.' The hosts express strong opposition to the bill, detailing its proposed increases to excise taxes on firearms, lower frames/receivers, and ammunition. They also highlight proposed increases to National Firearms Act (NFA) item taxes and criticize the bill's allocation of funds, arguing it's a punitive measure against law-abiding gun owners and businesses.

Quick Summary

H.R. 5103, the 'Gun Violence Prevention and Safe Communities Act,' proposes significant tax increases on firearms and ammunition, including a 20% excise tax on firearms and a 50% tax on ammunition. It also targets NFA items with higher taxes, aiming to fund law enforcement and gun violence research programs.

Chapters

  1. 00:00Introduction to H.R. 5103
  2. 01:33Bill Summary: Excise Tax Increases
  3. 03:26NFA Tax Increases Proposed
  4. 04:51Impact on Dealers and Small Businesses
  5. 06:05Critique of Punitive Taxation
  6. 07:11Exemptions and Local Law Enforcement
  7. 08:03NFA Tax History and Proposed Changes
  8. 11:08Allocation of Tax Revenues
  9. 13:31Education Grants and School Programs
  10. 15:16Related Legislation: Fix NICS & Reciprocity
  11. 19:20Using PopVox to Track Legislation
  12. 22:31Impact on Suppressor Industry
  13. 23:13Call to Action: Fight H.R. 5103

Frequently Asked Questions

What is H.R. 5103, the Gun Violence Prevention and Safe Communities Act?

H.R. 5103 is a proposed bill that aims to increase excise taxes on firearms, lower frames/receivers to 20%, and impose a 50% tax on ammunition. It also seeks to raise taxes on National Firearms Act (NFA) items and modifies definitions for excise tax purposes.

How would H.R. 5103 affect firearm and ammunition taxes?

The bill proposes a 20% excise tax on firearms and lower frames/receivers, and a 50% tax on ammunition. It also aims to increase the NFA tax from $200 to $500 for items like suppressors and from $5 to $100 for Any Other Weapons (AOWs).

Who is exempt from the taxes proposed in H.R. 5103?

H.R. 5103 specifically exempts any department, agency, or instrumentality of the United States from the proposed excise taxes on firearms and ammunition. This exemption does not appear to extend to state or local law enforcement agencies.

Where would the revenue from H.R. 5103's proposed taxes be allocated?

The revenue generated from H.R. 5103's taxes would be allocated to various programs, including community policing grants (35%), Project Safe Neighborhoods (35%), CDC gun violence research (10%), NICS Act Record Improvement Program (5%), and school-based violence prevention grants (5%).

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