Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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FJB

To: RMF who wrote (867719)	6/25/2015 12:05:10 PM
From: Brumar89	1 Recommendation Read Replies (1) of 1575103

The sale of firearms and ammunition are subject to an excise tax. Firearms and Ammunition Excise Tax (FAET) is a tax imposed by Chapter 32 of the Internal Revenue Code (26 U.S.C. 4181) on the sale of firearms and ammunition by manufacturers, producers, and importers. Chapter 32 also imposes taxes on other commodities such as: Tires Gasoline Coal Vaccines Sport fishing equipment Bows and arrows ttb.gov Some states require registration of firearms for what little good it does. One state, IL, makes gun owners register ... not the guns, the owners. Enacted in 1968, it's what makes Chicago so safe and gun crime free. Heh.

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