California Will Add 11% Tax Guns and Ammo. That Could Diminish Violence.
Starting in July, California will be the first state to charge an excise tax on guns and ammunition--11% on each sale.
Source: flaglerlive.com
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California is about to tax guns more like alcohol and tobacco
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Source: econotimes.com
California is about to tax guns more like alcohol and tobacco—and that could put a dent in gun violence
Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax—an 11% levy on each sale—will come on top of federal excise taxes of 10% or 11% for firearms and California's 6% sales tax.
Source: phys.org
California Is About To Tax Guns More Like Alcohol And Tobacco — And That Could Put A Dent In Gun Violence
The US homicide rate is far above the rate of other nations.
Source: digg.com
California is imposing a new tax on guns. Will it impact sales?
Beginning July, state will become the first to charge an 11% excise tax, on top of federal and sales taxes, with an aim to reduce gun violence
Source: theguardian.com