JOURNAL ARTICLE

Senate Republican Tax Bill Would End Federal Taxes on Many Guns, Silencers.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Dennis, Steven T.; Cioffi, Chris 3 of 3

Abstract

The article discusses a Senate Republicans' tax bill that proposes to eliminate federal taxes and regulations on short-barreled rifles, short-barreled shotguns, and silencers, while also preempting state or local licensing requirements. This legislation builds on existing House measures that exempt silencers from the National Firearms Act of 1934, potentially saving buyers from various fees. Gun rights advocates, including the Gun Owners of America and the National Rifle Association, support the bill, while gun safety advocates, such as the group GIFFORDS, criticize it as detrimental to public safety. Senate Democrats plan to challenge the provision, citing concerns over its compliance with budgetary rules. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/06, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2025
  • Accession Number:185996818
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