It was $200 in 1934, and it’s $200 today, so these days people buy suppressors rather than machine guns. But the transfer tax NFA-registered items (originally established at $200 with the NFA’s 1934 enactment) has never been adjusted for inflation. That limited supply drove the price for a fully automatic rifle sky high. In 1986 Congress passed the Hughes Amendment to the Firearm Owners Protection Act (FOPA), which banned the manufacture of new fully automatic machine guns - capping the available number of transferable machine guns somewhere in the neighborhood of 180,000. There’s another factor at play here, the relative cost of purchasing a suppressor to other NFA items, such as fully automatic machine guns.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |