Tax proposed on firearms, ammunition sales
Legislation by Assemblymember Marc Levine (D – Marin County) to impose an excise tax on retailers for the sale of new firearms and ammunition was approved by the Assembly Public Safety Committee today. The measure, co-authored by Assemblymember Buffy Wicks (D – Oakland) will provide ongoing funding to reduce gun violence through the highly successful California Violence Intervention Program (CalVIP). [Press Release from Marc Levine]
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Business & Finance, USA