bcr229
FFL/SOT
You are correct, the bill sets up a tax credit not a deduction from taxable income.
H.R. 226 - IRS tax credits for surrender of your guns
- Thread starter GoGoGadget
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Hopalong
Man of Many Nicknames
They really qualified a High-Point Carbine as an "assault weapon"?
Good lord. At this point, "assault weapon" = semiautomatic rifle.
Good lord. At this point, "assault weapon" = semiautomatic rifle.
hacktracker
Active Member
Maybe I should buy about 40 Hipoints and take a few years off paying taxes!
Zanderx
Member
WoJ
Member
This has got to be the most ridiculous idea yet. We just ran a $1.1 TRILLION deficit last year and this nut wants Uncle Sugar to pay everyone $2000 for some old junker $200 Hi-Point.
Search Google images for 'Rosa DeLauro'. Holy h*ll, she looks as nutty as she sounds.
Search Google images for 'Rosa DeLauro'. Holy h*ll, she looks as nutty as she sounds.
smores
Creepy-Ass Cracker
This shows they're serious... they may back off for now but there will always be a concerted effort by the progressives to take our firearms.
Anyone that thinks their "hunting" and "sporting" guns are safe needs a reality check...
Anyone that thinks their "hunting" and "sporting" guns are safe needs a reality check...
If this passes, you won't be able to buy cheap hi-points and 10/22s. Minimum sales prices of all "assault weapons" (as defined) will skyrocket close to, you guessed it, $2k, just as happened with Cash for Clunkers.
This is an excellent example of how to write a bill that has the effect of a ban, yet neither bans nor directly taxes an item, by making said item so expensive that most people can't afford one.
You see the same effect from government deduction/credit programs for retrofitting things like air conditioning systems. A $1k credit guarantees A/C systems get $1k more expensive. It's not a benefit for the property owner, it's a disguised subsidy to the contractor.
This is an excellent example of how to write a bill that has the effect of a ban, yet neither bans nor directly taxes an item, by making said item so expensive that most people can't afford one.
You see the same effect from government deduction/credit programs for retrofitting things like air conditioning systems. A $1k credit guarantees A/C systems get $1k more expensive. It's not a benefit for the property owner, it's a disguised subsidy to the contractor.
I wish "people" would understand that this is exactly how a gov can "control" [insert any or all of the following: liberty, property, trade, industries- ehh- f-it.] everything, with out the appearance of the "control". Only those with 2 things prevail- money or connections, and generally it takes one to get the other- specifically in this type of environment (control).
Control the money- control. Really all that's left to take any semblance of liberty back is firearms, and they are trying like hell to control those (but we all see this.)
Elliotte
Ultimate Member
I understand the mathematical logic of turning in a cheap qualifying firearm to get the tax credit, but I won't be turning in any of my firearms for 30 pieces of silver. These buybacks never get the firearms of criminals (or never prevent them from getting a new one), they only collect the firearms of the law-abiding.
SonicBlue
NRA RSO
So...... they are offering to return MY money paid in Taxes in exchange for MY guns.
Brilliant!!!
Brilliant!!!
The list isn't much use since there is section c. 1.D, which is a catch-all item that gets just about anything but an air rifle. ,
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