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Industry Benefits From Firearm and Ammunition Excise Tax Payments Ammoland Inc. Posted on iStock-497753329
U.S.A. -(AmmoLand.com)- Each year firearm and ammunition manufacturers pay millions of dollars in excise taxes into the Wildlife and Sport Fish Restoration (WSFR) program that result in long-term benefits to industry, target shooters, and hunters. A new study, announced by the National Shooting Sports Foundation, reveals how these payments some $792 million in 2020 alone provide not only bedrock funding for the enjoyment of the shooting sports but also a major return on investment for the industry.
With support from a grant awarded by the Association of Fish and Wildlife Agencies’ (AFWA) Multistate Conservation Grant program, a new report titled “