Guns and Ammunition Tax Passed by California Legislature

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Guns and Ammunition Tax Passed by California Legislature
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An excise tax of 11% would be the first imposed by any state.

The bill now heads to the desk of Calif. Gov. Gavin Newsom, who hasn’t taken a public position on the bill.

The California Legislature passed a first-in-the-nation excise tax on firearms and ammunition, the latest in a series of strictDow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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