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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.

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