IdahoBeav
WKR
- Joined
- Jan 29, 2017
- Messages
- 1,323
With the tax stamp fee waived, how will any retailers be able to sell Banish?
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They put it back in and it passed the senate. Back to the house for concurrence then headed to Trump’s deskToo bad it got taken out of the bill....we get screwed again,
Indeed. And all the next administration has to do is jack the price back up. And higher probably. Hate that they caved and did what they did.Too bad it got taken out of the bill....we get screwed again,
Quieter than a tbac u7 at the silencer summit.With the tax stamp fee waived, how will any retailers be able to sell Banish?
It's a statute. An administration can't change it without going through Congress.Indeed. And all the next administration has to do is jack the price back up. And higher probably. Hate that they caved and did what they did.
The final version making it $0 tax on suppressors, if properly leveraged, could be used to overturn parts of the NFA. The NFA has been allowed to stand for decades because "its a tax, which is legal", and not therefore legally considered an infringement on the 2A. $0 = not a tax, therefore making that aspect of the NFA definitively regulatory in nature, and thus ripe to get overturned. Further, it could comfortably be argued that the Byrd Rule ruling supports that interpretation, because removing items from the NFA was deemed 'regulatory' in nature, which if true, then the NFA is a regulation that infringes on the 2A and not simply a tax. That aspect of what just happened should, in reality, open up the entire NFA to be overturned by the SC.
To be fair - I doubt it will happen - before it trickles up to the SC, some future legislation will probably re-instate the tax (likely at a much higher rate, now that we've established precedent for changing the tax rate in the NFA), and even if it did make it to the SC before that happens, the SC backstabs us often enough anyway, that it would in no way be a sure thing. But - it's an opening created that never existed before, so... one of y'all with the money and the time, feel free to take the shot, please and thanks.
I'm with you, and your description definitely is more technically on-point than mine - that said though, if we can open the door to the items with $0 tax being an infringement that can be overturned, would that not also make for a more compelling legal argument than previously existed, in terms of arguing that the entire thing is an infringement?Just a point of clarification, the $200 tax is still in place for machine guns and destructive devices.
So, what this current language allows for is the challenge that the Form 1/4 required for the making/transfer of a suppressor, SBR, or SBS is a defacto registry and therefore illegal under the 2nd Amendment and those items should be removed from the NFA altogether.
That portion of the bill goes into effect 90 days from signing. I would expect the lawsuit to be filed on Day 91.
90 days from when Trump signs it, is my understanding.How soon will a $0 stamp be a reality? I have an OG that should be arriving at my SOT any day now and wondering if it’s worth waiting it out?
I'm with you, and your description definitely is more technically on-point than mine - that said though, if we can open the door to the items with $0 tax being an infringement that can be overturned, would that not also make for a more compelling legal argument than previously existed, in terms of arguing that the entire thing is an infringement?
That issue had been on our radar since we first drafted HPA in 2015 and there is a section in the bill to deal with those states. Most of the states have good state legislatures and/or AGs, so it would be possible to deal with them under state law pretty quickly anyways. There are three or four states where there would likely be problems, but their headed towards banning most cool stuff in those states already.In the end its possible to be more detrimental to change the process currently. In some states it currently is legal but the literature states only if regulated by nfa. So if they no longer are regulated by nfa you no longer can purchase. Just saying theres a loop hole to still f… you.
Here is the text of the effective date: "Effective Date.--The amendments made by this section shall apply to calendar quarters beginning more than 90 days after the date of the enactment of this Act." That effectively means January 1, 2026. As noted above, we're trying to work to get ATF to use its tax forebearance authority (like it did for SBR registrations under the pistol brace rule) for any of the covered firearms purchased after the bill becomes law but before the Jan. 1 effective date.Does the tax repeal have a date attached to it? I have an AB Raptor 8 that came in off back order yesterday. I have not gone through any of the ATF approval process.
Does the tax repeal have a date attached to it? I have an AB Raptor 8 that came in off back order yesterday. I have not gone through any of the ATF approval process.