Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Colorado Implements New Tax On Guns And Ammunition

Confiscated illegal guns are displayed during a news conference at New York City Police (NYPD) Headquarters in New York

A new state tax on guns and ammunition in Colorado has stirred up a heated debate among residents and officials. The tax, which amounts to a 6.5% excise tax on gun sales in addition to existing federal taxes, is part of a series of gun control measures that have been implemented in the state.

Proposition KK, the latest measure approved through a ballot referendum, received 54.4% of votes on Nov. 5. Critics argue that the tax unfairly targets law-abiding gun owners and could potentially hinder their ability to protect themselves.

El Paso County Commissioner Stan VanderWerf expressed concerns that the tax is aimed at reducing gun ownership rather than addressing the root causes of crime. He believes that the legislation unfairly penalizes responsible gun owners and could ultimately lead to the closure of small gun stores.

Proposition KK approved with 54.4% votes, raising concerns among critics.
Colorado implements 6.5% excise tax on gun sales.
Opponents argue tax unfairly targets law-abiding gun owners.

Small business owners, such as Chris Jandro and Mike Rickert of Hammer Down Firearms, fear the impact of the tax on their livelihood. They argue that the tax, when combined with existing federal and local taxes, creates an effective tax rate of around 25%, making it challenging for them to sustain their business.

Supporters of the tax, including State Rep. Monica Duran, emphasize that the funds generated will be directed towards mental health and public safety initiatives, particularly benefiting victims of domestic violence. Duran, who has personal experience with crime victim services, believes that the tax will help fill funding gaps in critical services.

However, critics like VanderWerf and Jandro argue that the tax could disproportionately affect vulnerable populations, such as victims of domestic abuse, who rely on firearms for protection. They suggest that addressing mental health issues and providing support to those in need would be a more effective approach to reducing crime.

Proposition KK is just one of several gun control measures that have been enacted in Colorado recently, including waiting periods for gun purchases, increased training requirements for concealed carry permit holders, and stricter regulations on firearm storage.

The debate over the new state tax on guns and ammunition in Colorado reflects broader tensions surrounding gun control policies and their impact on individual rights and public safety.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.