Congressional Research Service Issues In Focus White Paper on Firearms & Ammunition Excise Tax
June 28, 2023
June 28, 2023
WASHINGTON, June 28 -- The Congressional Research Service issued the following In Focus white paper (No. IF12173) on firearms and ammunition excise tax on June 26, 2023, by economic policy senior specialist Jane G. Gravelle.
Here are excerpts:
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Firearms and Ammunition Excise Tax (FAET)
The federal government first imposed excise taxes on firearms and ammunition over 100 years ago. Today, Section 4181 of the Internal Revenue Code imposes an . . .
Here are excerpts:
* * *
Firearms and Ammunition Excise Tax (FAET)
The federal government first imposed excise taxes on firearms and ammunition over 100 years ago. Today, Section 4181 of the Internal Revenue Code imposes an . . .