California May Tax Gun Sales To Fund School Safety Initiatives ...Middle East

Sacramento, CA — Lawmakers in the Senate and Assembly have voted to impose an 11% tax on the sales of guns and ammunition. Governor Gavin Newsom has until October 14 to decide whether to sign the bill. The tax would match the highest current federal taxes already placed on gun sales. California has existing fees on gun sales totaling around $37 and the money is mostly used to cover the costs of background checks. If signed by the Governor, the new tax would take effect on July 1 and raise an estimated $159 million in annual revenue. The money would be split between a violence prevention grant program and the California Department of Education for safety enhancement efforts at public schools.

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