HR 226 - Tax credit for sale of assault weapons to government

[O2HeN2]

Buy a snootload of 80% lowers and turn them in? Since the lower is the firearm by ATF definition.

O2

[BuffCyclist]

Buy a snootload of 80% lowers and turn them in? Since the lower is the firearm by ATF definition.

O2

Perhaps, but an 80% lower isn't technically a firearm per the ATF (which is why they can sell/ship 80% lowers directly to your house.

If you drilled them and did a shitty job of it, then maybe they could be counted.

[Zundfolge]

If you drilled them and did a shitty job of it, then maybe they could be counted.

Why not? They're just going to melt it down anyway so its not like it has to function.



In all seriousness though this has to be stopped. Once they establish a tax credit for turning in your guns, when they go about making it mandatory they will claim the tax credit covers them from a 5th amendment standpoint (taking without just compensation).

[jerrymrc]

so how cheaply could you assemble a non-functioning AK /AR lookalike.

It is a different method of setting a lower bound on a price. Even if I thought it a good idea, I hate mucking with the tax code like that. Hate isn't a strong enough word.

AK for $500.

Hi-Point carbines, SKS, and MPAs are worth a lot less than 2K.

The SKS mentioned is the "D" not just some SKS with a tapco mag in it.

Except as provided in clause (ii), a
semiautomatic rifle that has a fixed magazine with the
capacity to accept more than 10 rounds.

Someone has to see this loophole before it gets passed. Any Marlin 60 would be worth $$$ so there has to be a .22 exemption.

Just some thoughts.

[Great-Kazoo]

That anyone here is even "pondering" a Tax credit is embarrassing, to say the least.

[BigDee]

I could easily go buy a handful of Mossberg tactical 22 LR's for $300 and sell them to the Feds for $2K a pop. Sounds like a good deal to me.