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Tuesday, May 05, 2009

Here's one tax people don't mind paying

The election of Barack Obama has meant a boom in firearm and ammo sales ... and is bringing much-needed tax revenues to government coffers.

According to the most recent Firearms and Ammunition Excise Tax Collection Report from the Department of the Treasury, firearm and ammunition manufacturers paid more than $98.1 million in the fourth calendar quarter of 2008, up 31.3% over the same time period reported in 2007.

Firearms and Ammunition Excise Taxes Up 31 Percent in 4th Quarter '08

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