‘Violence tax’ on guns, ammo under fire

October 10, 2012

I appreciate lawmakers efforts to wring as much money as they can out of their jurisdictions. Times are tough for everyone, including governments at every level.

I also appreciate efforts to reduce violence. Any area that wants to keep its residents and grow has to be a safe place to live.

But even I, a fan of some firearm limits, knew the minute I saw the NBCNew headline about a proposed "violence tax" in the greater Chicago area that people would immediately take aim at the idea.


Gun_and_bullets_via DC Crimninal Defense Lawyers blogCook County President Toni Preckwinkle says a tax on guns and ammunition would help solve two problems.

First, Chicago's murder rate is up 25 percent.

A report cited by Preckwinkle's office found that nearly one-third of the guns
recovered on Chicago streets were purchased in suburban gun shops.

Second, Cook County is facing a $115 million budget shortfall in 2013.

Some of the county's funds go to health care for usually uninsured shooting victims. That averages out to around $52,000 per wounded person.

Tennessee has an ammunition tax, according to the Chicago Sun-Times

Guns and ammunition also are subject to a
federal excise tax, as well as state and local sales tax in most places.

But it looks like the usual argument that law-abiding gun owners, not criminals, would bear the greater burden will carry a lot of weight if the tax is comes up for formal debate.

And I bet that Chicago area legislators are going to have to come up with other, most likely separate, ways to stem the violence and fill their coffers.

You also might find these items of interest:

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
6 tax moves to consider this June

June 3, 2026

Definitely take a break this June. But taxes don’t take vacations. So, you also should…

Read More
Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • Taxing ammunition will do nothing to stem the crimianl elements of society. It will only adversely effect the honest gun owner.

Comments are closed.