Via Unc, we hear that there's a bill in the Senate right now that would reform the Federal Excise Tax on firearm and ammunition manufacturers. It sure would be nice if it passed.
You should probably let your senator know what you think.
Incidentally, the FAET is a ridiculous and unfair tax. Its purpose is to fund wildlife habitat conservation. You know, for hunters. So when a single mom in downtown Metropolis buys a .38 and a box of shells to protect her home, a not insignificant percentage of the purchase price goes to fund duck swamps, or whatever.
Law enforcement firearms are exempt from this tax, because they are obviously not for hunting, but your Kel-Tec P-32? Well, you paid the Bambi Tax.
Further, wasn't firearms ownership just ruled to be an individual right? Why are guns taxed, then? Isn't that as unconstitutional as, say, a special tax on religious accoutrement or newspapers?