Clearing Up the Rumors: The Truth About The 'Gun Tax Bill'

Clearing Up the Rumors: The Truth About The Gun Tax Bill

Clearing Up the Rumors: The Truth About The ‘Gun Tax Bill’

National Rifle Association

New York, NY --(AmmoLand.com)-Over the past few months, NRA-ILA has received hundreds of e-mails warning us about “SB-2099,” a bill that would supposedly require you to report all your guns on your income tax return every April 15.

Like many rumors, there’s just a grain of truth to this one. Someone’s recycling an old alert, which wasn’t even very accurate when it was new.

There actually was a U.S. Senate bill with that number that would have taxed handguns — nine years ago. It was introduced by anti-gun Sen. Jack Reed (D-R.I.), and it would have included handguns under the National Firearms Act’s tax and registration scheme. This has nothing to do with anyone’s Form 1040, of course.

Fortunately, S. 2099 disappeared without any action by the Senate, back when Bill Clinton was still in the White House. We reported about it back then, just as we report about new anti-gun bills every week. Now, it’s time for gun owners to drop this old distraction and focus on the real threats at hand.

To read a story by NRA-ILA Executive Director Chris W. Cox on this and other rumors, please click here.

About:
Established in 1871, the National Rifle Association is America’s oldest civil rights and sportsmen’s group. Four million members strong, NRA continues its mission to uphold Second Amendment rights and to advocate enforcement of existing laws against violent offenders to reduce crime. The Association remains the nation’s leader in firearm education and training for law-abiding gun owners, law enforcement and the military.