The National Firearms Act, chapter 53 of the Internal Revenue Code, finds its basis in U.S. Const. Art. I, § 8, under which "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and ...
The One Big Beautiful Bill Act, which President Donald Trump signed into law last week, reduces the federal tax on transfers of firearm sound suppressors, short-barreled rifles, and short-barreled ...