Government-hating gun owners are shooting themselves in the foot.
The gun-buying frenzy triggered by the 2012 Sandy Hook school shooting pumped $875 million into federal coffers in 2013 alone, according to Vocativ.com. That’s because the Treasury’s Alcohol and Tobacco Tax and Trade Bureau collects a 10% tax on ammo sales and a nearly 10% tax on gun sales. The tax revenue on guns and ammo reached an all-time high the year after the Sandy Hook Elementary School massacre, which left 27 students and teachers dead and triggered fears of stricter gun laws.
The roughly $255 million in tax revenue on ammunition alone brought in by the feds in 2013 was nearly double the 1991 tax receipts for handguns, long guns and ammo combined, according to Vocativ.
Is that graph properly done?
Is it misleading?
Is the data itself misleading?