H.R.226 - Support Assault Firearms Elimination and Reduction for our Streets Act

Discussion in 'Freedom and Liberty' started by VisuTrac, Jan 17, 2013.


  1. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    H.R.226 - Support Assault Firearms Elimination and Reduction for our Streets Act - Bill Text | Congress.gov | Library of Congress

    `SEC. 25E. ASSAULT WEAPON TURN-IN CREDIT.

    ``(a) Allowance of Credit.--
    ``(1) In general.--In the case of an individual who
    surrenders a specified assault weapon to the United States or a
    State or local government (or political subdivision thereof) as
    part of a Federal, State, or local public safety program to
    reduce the number of privately owned weapons, on the election
    of the taxpayer there shall be allowed as a credit against the
    tax imposed by this chapter an amount equal to $2,000.
    ``(2) Year credit allowed.--The amount of the credit under
    paragraph (1) shall be allowed \1/2\ for the taxable year
    during which the assault weapon was so surrendered and \1/2\ in
    the next taxable year.
    ``(b) Special Rules.--
    ``(1) Weapon must be lawfully possessed.--No credit shall
    be allowed under subsection (a) with respect to any specified
    assault weapon not lawfully possessed by the taxpayer at the
    time the weapon is surrendered.
    ``(2) Substantiation requirement.--No credit shall be
    allowed under subsection (a) for the surrender of any specified
    assault weapon unless the taxpayer substantiates the surrender
    by a contemporaneous written acknowledgment of the surrender by
    the Federal, State, or local governmental entity to which the
    weapon is surrendered.
    ``(3) Denial of double benefit.--The taxpayer may elect the
    application of this section with respect to only 1 weapon, and
    if such election is made for any taxable year, no deduction
    shall be allowed under any other provision of this chapter with
    respect to the surrender or contribution of the specified
    assault weapon.
    ``(c) Assault Weapon.--For purposes of this section--
    ``(1) In general.--The term `specified assault weapon'
    means any of the following:
    ``(A) The following rifles or copies or duplicates
    thereof:
    ``(i) AK, AKM, AKS, AK-47, AK-74, ARM,
    MAK90, Misr, NHM 90, NHM 91, SA 85, SA 93,
    VEPR,

    So, I go and order these.

    Akm / Akms Receiver Blank - 1003555, Tactical Rifle Acc at Sportsman's Guide


    drill some holes and dremel out the magwell.

    At that point, according to the ATF, it's a gun.

    And mind you, it's an AK .. which is eligble for the credit. And I'd legally own it.

    Fricken sweet, for less than 30 bucks and 15 minutes I'm getting 2k tax credit.

    Hmm I wonder.
     
    kellory, tacmotusn and melbo like this.
  2. melbo

    melbo Hunter Gatherer Administrator Founding Member

    S.A.F.E.R. How can you be against anything that is safe(er)?
     
    VisuTrac likes this.
  3. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    I see you noticed the potential acronym. Yep, you know every dolt is going to vote for having SAFER Streets
    effing a hats.
     
  4. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    It should also be called
    Strategically Attack Freedoms Eliminating Resistance from our Serfs Act
     
  5. melbo

    melbo Hunter Gatherer Administrator Founding Member

    Oh, it's not an acronym by accident. They are pretty clever - like Mother Goose

    U.S.A. P.A.T.R.I.O.T.
    Uniting (and) Strengthening America (by) Providing Appropriate Tools Required (to) Intercept (and) Obstruct Terrorism
     
  6. Matteo10572

    Matteo10572 Monkey+

    Great! Another waste of our taxes.
     
  7. Pax Mentis

    Pax Mentis Philosopher King Site Supporter

    That's redundant...
     
    CATO likes this.
  8. gunbunny

    gunbunny Never Trust A Bunny

    That's great VisuTrac, it fits it to a T!
     
  9. kellory

    kellory An unemployed Jester, is nobody's fool. Banned

    Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself.
    Mark Twain
    :D
     
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