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P.L. 111-237, The Firearms Excise Tax Improvement Act of 2010 (6 comments ↓ | 7 wiki edits: view article ↓)

  • This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

H.R. 5552 would amend the Internal Revenue Code of 1986 to require that the payment of the manufacturers' excise tax on recreational equipment be paid quarterly and to provide for the assessment by the Secretary of the Treasury of certain criminal restitution.

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  • House Vote

  • There was no up-or-down vote in the Senate.

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Bob Sawyer

August 23, 2010, 3:19pm (report abuse)

ANOTHER WAY FOR THE ANTI-GUN PEOPLE TO ATTEMPT TO GET CONTROL AND ELIMINATE THE 2nd.AMMENDMENT.

THEY SAY "WE CAN'T DESTROY THE 2nd STRAIGHT OUT SO LET'S TAX THE HEL* AOU OE EVERYTHING THAT REMOTELY APPEALS TO THE OUTDOORSMAN/WOMAN/FAMILY,THE 2nd.aMMENDMENT HELPED KEEP THIS COUNTYR FREE FOR 234 yrs. AND WILL DO SO IN THE FUTURE !

johnny reb

August 23, 2010, 5:22pm (report abuse)

Another sneaky closed door vote of the democrats. When is the democratic voters going to wake uo and see what all their party stands for--anti-gun--abortion--anti job-(EPA shutting jobs down) ANTI-AMERICAN--ANYTHING AGAINST THE AMERICAN PEOPLE.

Orlando 244

August 23, 2010, 7:35pm (report abuse)

Where are they sending all the oil rigs too and how long will it take for gas to hit $7 a gallon?

Gunnery

August 23, 2010, 7:37pm (report abuse)

They are taxing everything for redistribution. When will the rest of America realize what a Marxist Obama is?

Aaron

August 24, 2010, 2:05pm (report abuse)

As a gun owner I took interest on this when I saw it coming from washington watch. At first I saw it as a threat as I read the bill, but then searched around the net to see what others are saying. I found that many gun manufacturers and merchants are strongly in favor of this new bill which makes tax collection more equal to regular businessness by filing quarterly and not bi-weekly. This will in turn allow gun manufactures to invest in their business. I'm confused though however if this will or not raise taxes (read mixed).

Ashley Hestand

September 2, 2010, 5:02am (report abuse)

Aaron this is the problem which I find very sneaky, you know how they are always adding little bits on, well everyone was fooled by this one because obviously the idea is good, to help small business but this is from Section 3:

(C) RESTRICTION ON CHALLENGE OF ASSESSMENT- The amount of such restitution may not be challenged by the person against whom assessed on the basis of the existence or amount of the underlying tax liability in any proceeding authorized under this title (including in any suit or proceeding in court permitted under section 7422).'.

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