Senate Republican Tax Bill Would End Federal Taxes on Many Guns, Silencers
Senate Republicans' tax bill would eliminate federal taxes and regulations on short-barreled rifles, short-barreled shotguns and silencers as well as preempt state or local licensing requirements in a win for gun-rights advocates.
The legislation unveiled by the Senate Finance Committee on Monday would expand on House legislation exempting silencers under the National Firearms Act of 1934, saving buyers from a $200 transfer tax as well as manufacturing taxes, registration and other requirements.
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