
We all know that we gun owners and hunters are a bit like long-tailed cats in a room filled with rockers with our president-elect. I have heard gun sales have increased during and since the election and according to statistics taken from the latest Pittman-Robertson federal excise tax collection report, which is based solely on U.S. civilian sales, total sales were up 5.1% in the second quarter of 2008. Ammunition led with a 14.2% increase and handguns saw a 9%. I also hear that AR-15 platform rifles are doing a brisk business. If the recent election doesn't incite you to stock up (pun intended) then the state of SC has sweetened the deal. On Nov. 28 and 29 the state will waive the state’s sales and use tax on the purchases of handguns, rifles and shotguns. SC is calling this their first annual Second Amendment Sales Tax Holiday. The tax exemption also applies to any local sales and use tax. It does not apply to accessories like ammunition, black powder, holsters, and such. SC has posted a list of
exempt and non-exempt items and answers to some of the most frequently asked questions.
Dum Spiro Spero. While I breathe, I hope.
Comments
I won't hold my breath for a Second Amendment Tax Holiday in New York...lol
Posted by: Bill Dalton | November 18, 2008 12:02 PM
I was in a gunstore in MS saturday, they had 6 AR 15's. As of yesterday they had zero. I had them order me an M1 carbine while I could, there supplier had 20 left.
Posted by: Greg Jones | November 20, 2008 11:57 AM