Thursday, August 29, 2013

MORNING ACTION: LAWMAKERS IN WASHINGTON PLAYING WITH THE SECOND AMENDMENT YET AGAIN

Capitol Building
GUNS.  Two Democrat lawmakers are sponsoring legislation that would create 20 percent tax on handguns and a 50 percent tax on ammunition:
Rep. Danny K. Davis and Bill Pascrell are sponsoring legislation to amend the Internal Revenue Code of 1986 to include a 20 percent tax on handguns, as well as a 50 percent tax on ammo:
Pascrell believes a new tax on handguns “has been a long time coming.” In announcing the legislation on August 21, Pascrell said, “The tax on handguns was last increased in 1955. Worse yet, the tax rate on ammunition and other types of firearms has remained the same since 1941.”
Besides taxing “pistols [and] revolvers” the bill also contains language indicating a proposed 20 percent tax on firearms “other than pistols and revolvers.”
The proposed tax on handguns would nearly double the current rate of 11%, and the tax would be applied at multiple points of sale — manufacturer, producer, and importer — significantly driving up prices. All government agencies would be exempt from the added tax, and its proceeds would benefit police departments.
EDUCATION. Virginia Walden Ford explains the benefits of school choice as an alternative to failing schools across the country:
Though our work is not yet done, and we will still strive to realize the fullness of the dream, we are now seeing children who were failing in schools across the nation thrive in schools that their parents chose. In just one instance of that accomplishment, it was a special joy for me this year to celebrate with Jordan White, the first DCOSP college graduate. Now she’s headed to a job in Kagoshima, Japan.
Via: Heritage Action

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