Chicago Sneaky Ammo Tax
Chicago, in America’s heartland of the mid-west, is one of the largest cities in the nation and its gun owners are headed for some heartburn. If legislators get their way, both firearms and ammunition could be the target of a special new tax.
Cook County Board President Toni Preckwinkle is scrambling to come up with a $3 Billion (with a B) budget. The county and its cities have been struggling with poor tax revenues and a ballooning public expenditure. To erase a $115 million budget shortfall, Preckwinkle is targeting golfers, picnic attendees, smokers and others.
The ‘others’ are Chicago area gunowners. Hidden in the budget proposal is a levy on those who would buy firearms or ammunition. Reports state Preckwinkle wants to add a $0.05 per bullet ammunition tax, and $25 tax on guns.
Read the rest in my column at Firearms Talk