Posts in tag

Tax


In 2015, as a guest on Ron Paul’s Liberty Report, Economics Professor Joseph Salerno warned of a coming war on cash. Apparently, now, that time has come. Governments loathe cash transactions because they’re private and hard to tax. As a result, some countries are taking drastic measures to reclaim their bank notes. Salerno said, “The …

Seattle passed the Firearm Tax and Ammunition Tax ordinance which imposes a $25 sales tax on retail sales of firearms, plus a per-round sales tax of two to five cents on ammunition. A city report describes this as a “gun violence tax”.

Counter to Washington state law, Seattle City Council President Tim Burgess has announced plans for a local ordinance that would impose new taxes on firearms and ammunition sold within city limits. The proposal lays out a $25 tax on firearms and $.05 for every round of ammunition sold. The city council’s Education and Governance Committee …