THIS IS CRAZY!!! California Gun and Ammo Tax Bill AB 1223

Published on March 5, 2021
Duration: 5:48

California Assembly Bill 1223 proposes new taxes on firearm and ammunition sales. The bill aims to extend the CAL VIP granting program and impose an excise tax of $25 on every new firearm sold, which will likely be passed on to consumers. A percentage-based tax on ammunition sales is also proposed, though the exact rate is not yet specified. The speaker urges citizens to contact their representatives to oppose these measures, citing concerns about increased costs and potential pricing out of individuals exercising their Second Amendment rights.

Quick Summary

California Assembly Bill AB 1223 proposes new taxes on firearm and ammunition sales. It includes a $25 excise tax on each new firearm sold, which is expected to increase consumer prices, and a percentage-based tax on ammunition sales. The bill also aims to extend the CAL VIP granting program.

Chapters

  1. 00:00Introduction to California Gun and Ammo Tax Bill AB 1223
  2. 00:07Call to Action: Support Second Amendment Rights
  3. 00:15Sponsor Spotlight: AceLink Armor
  4. 00:52Bill Overview: AB 1223 Explained
  5. 01:00Summary of AB 1223's Intent
  6. 01:10Funding Mechanism: CAL VIP Program
  7. 01:43Key Provisions: Extending CAL VIP Granting Program
  8. 01:58Chapter Two: Imposition of Tax
  9. 02:07Firearm Sales Tax: $25 Per Firearm
  10. 02:24Consumer Impact of Firearm Tax
  11. 03:00Ammunition Sales Tax Proposal
  12. 03:13Ammunition Tax Rate: Blank Percent
  13. 03:37Potential Ammunition Price Increases
  14. 04:10Bill Status and Next Steps
  15. 04:20Call to Action: Oppose the Bill
  16. 04:51Upcoming Community Announcement
  17. 05:21How to Support the Channel
  18. 05:33Conclusion and Outro

Frequently Asked Questions

What is California Assembly Bill AB 1223?

AB 1223 is a proposed bill in California that seeks to impose additional taxes on firearm and ammunition sales. It includes a $25 excise tax on each new firearm sold and a percentage-based tax on ammunition sales, with the revenue intended for programs like the CAL VIP.

How will AB 1223 affect firearm prices in California?

The bill imposes a $25 excise tax on retailers for each new firearm sold. While levied on retailers, this cost is expected to be passed on to consumers, leading to higher prices for firearms in California.

What is the proposed tax on ammunition sales under AB 1223?

AB 1223 proposes an excise tax on ammunition sales calculated as a percentage of gross receipts. The specific percentage rate has not yet been finalized in the bill, but it is anticipated to be in the range of 10-11%.

What is the CAL VIP Program mentioned in AB 1223?

The CAL VIP Program is a California initiative that receives funds from taxes and fees. AB 1223 aims to extend this program, which is likely used for gun violence prevention or related initiatives, until 2028.

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