May 21, 2024 |
Photo – A firearm in chains – Courtesy Monder Law
U.S. Senators John Barrasso and Cynthia Lummis (R-Wyo.) joined U.S. Senator Tom Cotton (R-Ark.) and other colleagues in introducing new legislation known as Repealing Illegal Freedom and Liberty Excises Act. Known as the Rifle Act, it would remove a burdensome tax imposed by the Biden Administration on firearms regulated under the National Firearms Act.
Senator Barrasso said in a statement, ““The last thing responsible gun owners need is more burdensome Washington taxes and restrictions. Our legislation keeps unnecessary red-tape out of Wyoming and protects Second Amendment rights across the country.”
Senator Lummis added, “Law-abiding gun owners in Wyoming should not be forced to pay excessive taxes for exercising their Second Amendment rights. Sen. Lummis continued, “While President Biden and Senate Democrats continue to wrongfully target responsible gun owners, I will continue fighting to preserve the people of Wyoming’s right to keep and bear arms.”
The language of the legislation would repeal, if passed and signed into law, certain taxes relating to firearms, including the Firearm Transfer Tax.
The legislation is endorsed by the National Rifle Association and the National Shooting Sports Foundation.
