California is about to tax guns more like alcohol and tobacco—and that could put a dent in gun violence

Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax—an 11% levy on each sale—will come on top of federal excise taxes of 10% or 11% for firearms and California’s 6% sales tax. Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax—an 11% levy on each sale—will come on top of federal excise taxes of 10% or 11% for firearms and California’s 6% sales tax. Economics & Business Political science Phys.org – latest science and technology news stories

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