The February/March 2009 North American Hunter magazine has an interesting article on page 14 in their news update section. the article starts as such:
"On November 4, 2008, Barack Obama was elected as the next President of the United States. On November 5th, gun sales skyrocketed across the country."
The article goes on to say that the approximate national sales were up more than 40% compared to November 2007, normal annual sales growth is 10%. Dewayne Irwin, owner of Texas based gun shop Cheaper Than Dirt, said his sales were up 400% for the month of November. He also stated that he has had several shopping carts in his store that have broken because they were overloaded with ammo.
According to the National Shooting Sports Foundation (NSSF), ammunition taxes could rise greatly. "Under an Obama/Biden Administration, we could see an enormous increase on the amount of federal excise tax that gun and ammunition companies are paying. It's difficult to predict how much higher taxes on these items will be, but based on what we know and what Obama has called for, it could be as high as 500%." Ted Novin went on to say, "Many people don't understand that a black AR-15 isn't an assault rifle; it's a legal semiautomatic rifle that many law-abiding citizens use to hunt and shoot targets with. The sad thing is, depending on how restrictive the new gun bans might be, wide variety of guns all of us use to hunt waterfowl and big game might be banned or restricted in some fashion."
"On November 4, 2008, Barack Obama was elected as the next President of the United States. On November 5th, gun sales skyrocketed across the country."
The article goes on to say that the approximate national sales were up more than 40% compared to November 2007, normal annual sales growth is 10%. Dewayne Irwin, owner of Texas based gun shop Cheaper Than Dirt, said his sales were up 400% for the month of November. He also stated that he has had several shopping carts in his store that have broken because they were overloaded with ammo.
According to the National Shooting Sports Foundation (NSSF), ammunition taxes could rise greatly. "Under an Obama/Biden Administration, we could see an enormous increase on the amount of federal excise tax that gun and ammunition companies are paying. It's difficult to predict how much higher taxes on these items will be, but based on what we know and what Obama has called for, it could be as high as 500%." Ted Novin went on to say, "Many people don't understand that a black AR-15 isn't an assault rifle; it's a legal semiautomatic rifle that many law-abiding citizens use to hunt and shoot targets with. The sad thing is, depending on how restrictive the new gun bans might be, wide variety of guns all of us use to hunt waterfowl and big game might be banned or restricted in some fashion."
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