California enacts first gun and ammunition tax in the country ...Middle East

(KTXL) — California Governor Gavin Newsom signed several firearms and ammunition-related bills into law on Tuesday, including one to tax guns and ammunition and another that places more rules on people seeking a concealed carry weapons permit. The federal government already taxes the sale of guns and ammunition at either 10% or 11%, depending on the type of gun. With the signing of AB 28 on Tuesday, California will now add an 11% excise tax on the purchase of guns and ammunition, an amount that the bill's author states is lower than the excise tax on marijuana sales. This makes California the only state with a separate tax on guns and ammunition, according to the gun control advocac

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Last updated : 27 September 2023 clock 02:40 PM

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California enacts first gun and ammunition tax in the country ...Middle East

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