Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Range
NFA & Class III Discussion
Wonder why it takes so long.......
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="CAR-AR-M16" data-source="post: 1737936" data-attributes="member: 204"><p>Yep, 1934. You can read some of the history of the act on the ATF's website: <a href="http://www.atf.gov/firearms/nfa/" target="_blank">http://www.atf.gov/firearms/nfa/</a></p><p></p><p>Pay particular attention to the part I have in highlighted in red.</p><p></p><p><em></em></p><p><em><strong>History of the National Firearms Act</strong></em></p><p><em></em></p><p><em>The NFA was originally enacted in 1934. Similar to the current NFA, the original Act imposed a tax on the making and transfer of firearms defined by the Act, as well as a special (occupational) tax on persons and entities engaged in the business of importing, manufacturing, and dealing in NFA firearms. The law also required the registration of all NFA firearms with the Secretary of the Treasury. Firearms subject to the 1934 Act included shotguns and rifles having barrels less than 18 inches in length, certain firearms described as “any other weapons,” machineguns, and firearm mufflers and silencers.</em></p><p><em></em></p><p><em><span style="color: #FF0000">While the NFA was enacted by Congress as an exercise of its authority to tax, the NFA had an underlying purpose unrelated to revenue collection. As the legislative history of the law discloses, its underlying purpose was to curtail, if not prohibit, transactions in NFA firearms.</span> Congress found these firearms to pose a significant crime problem because of their frequent use in crime, particularly the gangland crimes of that era such as the St. Valentine’s Day Massacre. <span style="color: #FF0000">The $200 making and transfer taxes on most NFA firearms were considered quite severe and adequate to carry out Congress’ purpose to discourage or eliminate transactions in these firearms</span>. The $200 tax has not changed since 1934.</em></p></blockquote><p></p>
[QUOTE="CAR-AR-M16, post: 1737936, member: 204"] Yep, 1934. You can read some of the history of the act on the ATF's website: [URL="http://www.atf.gov/firearms/nfa/"]http://www.atf.gov/firearms/nfa/[/URL] Pay particular attention to the part I have in highlighted in red. [I] [B]History of the National Firearms Act[/B] The NFA was originally enacted in 1934. Similar to the current NFA, the original Act imposed a tax on the making and transfer of firearms defined by the Act, as well as a special (occupational) tax on persons and entities engaged in the business of importing, manufacturing, and dealing in NFA firearms. The law also required the registration of all NFA firearms with the Secretary of the Treasury. Firearms subject to the 1934 Act included shotguns and rifles having barrels less than 18 inches in length, certain firearms described as “any other weapons,” machineguns, and firearm mufflers and silencers. [COLOR="#FF0000"]While the NFA was enacted by Congress as an exercise of its authority to tax, the NFA had an underlying purpose unrelated to revenue collection. As the legislative history of the law discloses, its underlying purpose was to curtail, if not prohibit, transactions in NFA firearms.[/COLOR] Congress found these firearms to pose a significant crime problem because of their frequent use in crime, particularly the gangland crimes of that era such as the St. Valentine’s Day Massacre. [COLOR="#FF0000"]The $200 making and transfer taxes on most NFA firearms were considered quite severe and adequate to carry out Congress’ purpose to discourage or eliminate transactions in these firearms[/COLOR]. The $200 tax has not changed since 1934.[/I] [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Range
NFA & Class III Discussion
Wonder why it takes so long.......
Search titles only
By:
Top
Bottom