Joe Biden’s Tax Agenda Could Cost Gun Owners $34 Billion

Joe Biden’s gun tax proposals could cost gun owners upwards of $34 billion for guns and magazines they already possess.

Biden’s proposals include a $200 tax for each AR-15 that is already owned. That tax would also apply to other firearms Democrats label “assault weapons.”

Biden also wants to tax gun owners $200 for every “high capacity” magazine they own.

On November 17, 2020, Breitbart News reported National Shooting Sports Foundation (NSSF) numbers showing that Americans own an estimated 434 million firearms. Nearly 20 million of those firearms are Modern Sporting Rifles, firearms that the Democrats categorizes as “assault weapons.”

Under Biden’s plan, the tax for the nearly 20 million Modern Sporting Rifles alone could be $4 billion.

The NSSF numbers also show that Americans own more than 71 million pistol magazines capable of holding more than ten rounds and “79.2 million rifle magazines capable of holding 30 or more rounds.”

Taking that as a rounded figure of 150 million magazines, the tax on those could be $30 billion.

Add the $4 billion in rifle taxes and the $30 billion in magazine taxes, and American gun owners could owe $34 billion.

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13 Thoughts to “Joe Biden’s Tax Agenda Could Cost Gun Owners $34 Billion”

  1. Do you know these people just want to take away everything I didn’t vote for him therefore I don’t have to abide by his laws he is not my president I’m gonna take sovereignty I have my own nation I don’t have to live by their laws the Democrats are not nothing to me how can he put or make any laws he’s more corrupt than the mafia him in his vice president she’s put more black people in jail then she’s ever helped

  2. Bob

    F Biden….F Demorats….F liberals….F the left…..F tyrranny

  3. Pat Anderson

    Ridiculous!

  4. cLAUDE

    ( A KIND SUGGESTION FROM AN HONEST CITIZEN – WHO NOT ONLY SERVED IN THE ARMED FORCES FOR THE SAFETY OF OUR COUNTRY (USA) BUT ALSO AS PAROLE OFFICER FOR (37) YEARS . LET MR. PRESIDENT ( t o b e ) SEEK THE CRIMINALS/OUTLAWS WHO HAVE ILLEGAL WEAPONS IN THEIR POSSESSION RATHER THAN USURPING THE PATIENCE AND FINANCIAL HONESTY OF THOSE WHO DO RESPECT THE LAW .

  5. Typical Democrat policy punish the honest people while the criminals get off Scott free because criminals are the Democrats friend

  6. Pete

    Hell of an “infringement.” How many gang bangers will pay this tax? It will only apply to non-criminals. Even Democrats in Congress can’t be that stupid. It would be the death of the party.

  7. DAVID FLORA

    BIDEN, THE OLD FOOL, IS NOT EVEN PRESIDENT YET, AND, ALREADY HE IS ATTACKING OUR 2ND AMENDMENT CONSTITUTIONAL RIGHTS! AS USUAL, HE SEEMS TO BE IN THE DARK ABOUT HOW MANY LAW ABIDING GUN OWNERS WILL BE EXTREMELY UPSET IF HE FOLLOWS THRU WITH HIS INSANE TAXATION OF FIREARMS.

  8. warren

    I’d like to learn more about Biden’s gun tax plans. Any idea where I can get specific information on what he actually has in mind, from the horse’s mouth so to speak?

  9. Larry

    What doesn’t this party understand about the CONSTITUTION? And why are they insisting on starting a war? Why do they embrace antifa and rioters destruction and looting! Yet insist on being STUPID! OH! I think I’ve got an idea! To CONTROL a nation first DISARM its citizens! It history repeating itself! Remember HITLER in 1936 Disarmed Germany! Thereby doing away to all resistance to his TAKE OVER! If you have no way to fight terrorism they can literally do anything they want! Well tell JOE as a Marine, I took an oath to protect this CONSTITUTION and although I’m older I’m still BOUND by this OATH! And will if needed defend its right with my life Just as I did in NAM!

  10. Aiming my AR-15 on a lonely squirrel eating acorns in the top of a huge oak, my buddy said to me, “Biden will make you pay $200 tax on that weapon, even if you hit the squirrel.” He spoiled my aim. I missed the critter! Following my complaining, I asked him: “Do Democrats have fuzzy tails and live in West Virginia oaks?” He responded- “No, but I heard they stole Trump’s Election?”

  11. Aiming my AR-15 on a lonely squirrel eating acorns in the top of a huge oak, my buddy said to me, “Biden will make you pay $200 tax on that weapon, even if you hit the squirrel.” He spoiled my aim. I missed the critter! Following my complaining, I asked him: “Do Democrats have fuzzy tails and live in West Virginia oaks?” He responded- “No, but I heard they stole Trump’s Election?”

  12. rottenrollin

    S H A L L . N O T . B E . I N F R I N G E D.

  13. He can tax till Hell freezes over! I’m not paying a tax on my legally bought guns or my legally bought magazines.

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