Heritage Explains 060: Why "Sin Taxes" on Ammo Will Backfire
Posted
December 12, 2018
Views
580
Likes
28
Comments
3
Engagement
5.34%
December 12, 2018
580
28
3
5.34%
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1:00Now PlayingDid you know that in New York more than half the cigarette consumption is illegal? That's because "sin" taxes create black markets that turn otherwise law abiding citizens into tax evading criminals. Congress recently introduced a bill that would impose “sin” taxes on guns and ammo and these ammunition taxes would also fail because a tax of any level does little to dissuade attackers. Instead, the average gun-owning American will pay higher taxes and criminals will profit from black markets for illegal tax-free guns. Sin taxes are bad public policy.
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