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In a bold move, Senators John Cornyn (R-TX) and Tom Cotton (R-AR), backed by 11 fellow Republicans, launched the Repealing Illegal Freedom and Liberty Excises (RIFLE) Act.
Their goal? To axe the hefty tax on firearms and accessories under the National Firearms Act (NFA).
Sen. Cornyn is all in.
“This outdated tax must not continue to burden law-abiding Texans who want to exercise their Second Amendment rights,” said Sen. Cornyn in a press release obtained by GunsAmerica.
“Our commonsense legislation would remove this frivolous financial mandate, and I’m glad to support it,” he added.
Sen. Cotton echoed this sentiment, emphasizing, “Law-abiding Americans who exercise their Second Amendment rights should not be subject to unnecessary taxes and restrictions preventing them from doing so.”
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He pointed out that since its 1934 inception, the National Firearms Act has desperately needed an overhaul.
A hefty crew of senators, including John Barrasso (R-WY) and Marsha Blackburn (R-TN), are rallying behind the bill.
Congresswoman Ashley Hinson (IA-02) has also stepped up, introducing a sister bill in the House, which has 43 co-sponsors.
The issue at hand? A $200 tax stamp on certain firearms (SBRs, SBSs, full autos, AOWs) and accessories (suppressors) since 1934. ATF introduced the tax to “curtail, if not prohibit, transactions” of certain firearms.
Since 2018, the ownership of these items has spiked by over 250%, with an estimated 7 million NFA items in circulation as of 2021.
Supported by powerhouses like the National Rifle Association (NRA) and the National Shooting Sports Foundation (NSSF), the RIFLE Act aims to lift this financial load off the shoulders of gun owners and prospective gun owners.
Would President Biden ever sign the RIFLE Act into law? Heck no! But hopefully, his days as president are coming to an end this November.
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“He pointed out that since its 1934 inception, the National Firearms Act has desperately needed an overhaul.”
It desperately needs a REPEAL! Just as the BATFE desperately needs disbanding!
I honestly don’t understand why it is such a pain in the ass to get a suppressor!! I shoot a lot, and would love for my neighbors to be able to have a little quieter time while I am practicing. I’m know as the neighbor that shoots a lot, and they don’t complain, but I would be nice to be a quieter neighbor. But with the stupid laws for suppressors, it just sucks! Yeah, I know I could stop shooting, but then that’s not fair to me! Tom Cotton is one of my senators and I really like the things he stands for! I have wished for a long time that suppressors were not so damn hard to get! Let’s do this and make me a good neighbor!! Thanks a bunch Tom!
Unless you live in one of the socialist/communist ran states that ban suppressors, i.e., the Republic Of Kalifornistan, it’s really fairly easy to legally purchase and own suppressors. All it takes is money and time. When I purchased mine over 10 years ago, the prices were pretty high, averaging around $800 per ‘can’, not including the $200 tax stamp. With all the new companies these days building ‘cans’, competition seems to be driving the prices down considerably.
As far as time is concerned, it took a little over a year for my paperwork(s) to process. Now, if done correctly, there are stories floating around about it taking weeks, even days! There are even several on-line dealers that will take care of the paperwork for you!
Mr. Bidens position on gun control, law enforcement, the economy and immigration should be enough for every single real American to ensure he never holds any public office again. He is a stumbling, bumbling, buffoon pretending to be an american.
In 1934, the fed set the tax stamp price at $200 as a deterrent to purchasing ‘NFA classified’ items. Since $200 had the same buying power of over $4000 by todays standards, the thinking was to make it virtually impossible for the average American to be able to afford purchasing an NFA item. I currently own four stamps for a total of $800, not to mention attorney fees I had to pay to make sure my trust was nice and legal.
Had the fed pushed for the cost of the NFA stamp to follow the rate of inflation, those same stamps today would have cost me over $16,000! There’s no way in hell I would have been able to pay for even ONE stamp, much less four.
So looking at the NFA tax stamp program in that manner, it’s a bargain. Yes, this ridiculously outdated NFA program should be terminated and needs to go away, especially with todays electronic background checks available to the feds. But just be happy the ‘demoncrats’ having pushed for the BATF to bring the price of the NFA stamp more inline with the rate of inflation since it was initiated in 1934.
cornyn? the same guy who gave us the latest assault on the 2nd Amendment?
Why not repeal the NFA instead? In nearly 100 years, there is no evidence that it reduced crime.
I love the idea of being able to own a full auto… however…those weapons cost about $11,000 each… not to mention that every time you pull the trigger it costs about $30 each time…so the $200 tax stamp is almost negligible!
The reason machine guns cost so much is not because of the $200 tax stamp, its because of the Firearm Owners’ Protection Act signed into law by President Reagan. It essentially banned all MGs made after that date from being transferable to private citizens. So the pool of 250,000 MG’s registered prior to that date is fixed, and supply and demand being what they are, drove the price of a beat up Thompson from $500 to $50,000 in the 38 years hence.
Personally, I’d rather they keep the tax and focus on improving and shortening the approval process. I have a state-issued carry permit and a legal trust – why do I have to wait?
The BATF (Bureaucrats for the Absolute Termination of Freedom) needs to be abolished, period. They’re nothing more than the US equivalent to the Gestapo or STASI, armed thugs enforcing the will of the Democrat party.
Especially so since they murdered Bryan Malinowski.
The feds investigate themselves, I cannot recall one case where a federal agent held criminally liable for taking someones life in the line of duty. On the other hand the feds investigate other LE agencies like the case of Breonna Taylor where the AG Merrick Garland has filed civil rights violations againt 4 current or former Metro LEO’s. The hypocrisy of the feds is sickening.
When about the civil rights of Ashli Babbit? Well, murderer Lt. Byrd was awarded the civilian equivalent of the Congressional Medal of Honor for killing a female veteran. The feds need to be held to the same standard that they hold others too. Dettlebach (sp?) and Garland and everyone else should be facing criminan charges including murder, civil rights violations et cetera. It is NOT enough for Malinowski’s widow to be awarded a settlement. There are no checks and balances with the feds, very dangerous.
I asked my local ATF agent “How many suppressed weapons are used in crimes?” He replied “ nation wide there was one incident where a felon that stole a suppressed handgun was too stupid to know how to remove it and used it as is to rob a store “ . Goes to prove as always that criminals are the problem not firearms or NFA firearms. The second amendment is clear “shall not be infringed “ . Infringed is exactly what NFA is.