Joe Biden’s gun tax proposals could cost gun owners upwards of $34 billion

Joe Biden wants to tax gun owners $ 200 for each "high capacity" magazine they own.

On November 17, 2020, Breitbart News reported figures from the National Shooting Sports Foundation (NSSF) showing that Americans own approximately 434 million firearms. Nearly 20 million of those firearms are modern sporting rifles, firearms that Democrats classify as "offensive weapons."

Under the Joe Biden plan, the tax on nearly 20 million modern sporting rifles could amount to just $ 4 billion.


23 November 2020

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