Gov. Newsom raises taxes on guns and ammunition
California will double the taxes on guns and ammunition and use the money to pay for more security at public schools.
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California will double the taxes on guns and ammunition and use the money to pay for more security at public schools.
New law will impose an additional 11% in addition to federal tax. It's one of nearly two dozen gun laws signed into law on Tuesday. but Newsom acknowledges some might not survive legal challenges.
California Gov. Gavin Newsom added an 11% excise tax for gun and ammunition purchases in the state, meaning that customers could get indirectly taxed as much as 22% on purchases.
California will double the taxes on guns and ammunition and use the money to pay for more security at public schools under a new law Gov. Newsom signed.
Newsom also signed an additional law restricting where concealed weapons can be carried.