People interested in buying certain semiautomatic firearms could be priced out of the market under a proposal supported by more than two dozen House Democrats.
Rep. Don Beyer (D-Va.) introduced legislation on Aug. 4 that would impose a 1,000 percent excise tax on purchases of “assault weapons” and “large capacity ammunition feeding devices.” The tax means that someone looking to purchase a $500 rifle, for example, would have to pay an extra $5,000 on top of the purchase price.
