Some honorable US congressperson had a genius idea: offer a $2000 tax CREDIT for anyone who turns in an "assault weapon!"
They have a list of naughty features and a bunch of evil guns too. You get the credit for turning it in to any local, state, or federal authorities.
The HiPoint Carbine which runs around $300 is on there. So are ARs. So I imagine I could start turning in HiPoints and stripped AR lowers and claiming the deduction. I could split the tax refund 50/50 with NRA-ILA and still be out way ahead. If I found a cooperative local law enforcement agency willing to accept a cut for their charity ball, I could have them sell the item back to me for $0.01, and then we'd have a perpetual motion machine funded by the Federal Government.
You know, I could actually get behind this idea.
Quote of the Day
16 minutes ago

If you read the law, it allows kits that can be used to convert a semi-auto rifle into an assault weapon to be counted for the deduction. There is a pistol grip stock with a barrel shroud that fits the Ruger 10/22 for sale at Bass Pro for $120. Turn that in= $1,880 profit per person, or $3,760 per married couple.
ReplyDeleteThe only sad part is that can only get the deduction once per year per taxpayer.
Well darn, in that case, wouldn't an A2 birdcage flash hider count? That sounds like a kit to add an Assault Weapon feature to a rifle, does it not?
ReplyDeleteA2 birdcages cost like $5...
I HAVE several birdcages left over from rebarreling service rifles for CMP competition. (we just didn't bother to do the lathe work required to thread the end of the barrel) Plus I am sure I have some old buttplates and pistol grips. Hmm..
ReplyDeleteAK flats are about $25. An AK flat with all holes punched and ONE bend is a "receiver", according to ATFE.
ReplyDeleteNo one said they have to be high quality builds.
Besides, the supply of AK receivers is limited buy the supply of 1mm thick sheet steel.
Drat...1 a year...
ReplyDelete