Examining the Silencer Tax Cut in Trump's Budget Bill (Ft. Bearing Arms' Cam Edwards)
Host Stephen Gutowski and guest Cam Edwards of Bearing Arms discuss the political fallout from the National Firearms Act tax cut tucked in the budget bill.
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Show Notes
This week, we saw a National Firearms Act tax cut make it across the finish line and into law.
Silencers, short-barrel rifles and shotguns, as well as firearms in the "any other weapons" category will now see a $0 tax in place of the previous $200 one. But not everyone in the gun world is happy about that. So, we have Cam Edwards of Bearing Arms back on the show to work through what the text does, why it ended up the way it did, and whether gun owners should consider it a win.
Cam noted the final text is not everything gun-rights activists had pushed for since the Senate Parliamentarian ruled full delisting was against the rules of budget reconciliation. He said he disagreed with the ruling and could understand why some gun-rights activists unsuccessfully pushed to fire or overrule her. However, he also said it was important to understand the politics of the situation in order not to be caught off guard by either one of those reasonably predictable outcomes.
Despite arguments to the contrary, Cam said the law should still be viewed as a win for gun owners. Perhaps an imperfect one, but one of the more significant at the federal level in a generation.
Special Guest: Cam Edwards.