Firearms Industry Applauds Landslide Passage of Excise Tax Improvement Legislation in U.S. Senate

Read more from the National Shooting Sports Foundation.

Basically this alters the tax code to allow firearms and ammunition manufacturers to pay their federal excise taxes on a quarterly basis, like any other business, rather than every two weeks. Can you imagine the expense and time burden of paying federal excise taxes twice a month? If you’re a business owner this is obvious to you. I applaud both houses of Congress on their swift, near unanimous passage, and special thanks to the NSSF. They’re a great organization and they’ve been working this legislation for quite some time now. Kudos!

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