Colorado voters will narrowly pass a tax on firearms and ammunition sales in the state aimed at reducing gun violence, the Associated Press reported. project.
KK’s proposal would apply a 6.5% tax to all sales of firearms, ammunition, and certain firearm parts. According to to the Colorado State Legislature. The tax revenue will be used for “crime victim support services, mental health services for veterans and youth, and school safety programs.”
The new tax is expected to raise $39 million in revenue in the first year, according to a legislative analysis of the bill. The measure had a approval rating of 54.2% and opposition of 45.8%, with 76% of votes counted as of Thursday morning, according to the Associated Press.
Colorado has a moderate gun ownership rate, 21st lowest among counties as of 2022. According to In World Population Review. But the state has a strong hunting culture, and the industry brings in about $843 million a year in revenue. According to to the Colorado Wildlife Council.
Voters also rejected Proposition 127 would have prohibited hunting of “big cats,” such as bobcats and mountain lions. (Watch The Daily Caller’s “American Squater” here)
Voters head to the polls on the last day of early voting for the 2024 election in Atlanta, Georgia, November 1, 2024. (Photo by Megan Varner/Getty Images)
There are no recorded expenditures on tax initiatives from either side on this issue. According to Go to Ballotpedia.
“Firearms and ammunition are already subject to an 11% federal excise tax under the Pittman-Robertson Act, along with various other state and local taxes and fees.” National Rifle Association (NRA) said In March. “California is the only other state with a similar law. This tax should be seen as nothing less than an attack on the Second Amendment and the people who exercise their rights under it.”
Supporters say the tax is small and provides important services to victims of domestic violence and gun violence. According to Everytown will advocate for gun safety in September.
“Gun violence in all its forms continues to destroy Colorado’s families and communities, and Coloradans have an opportunity to take action by voting Yes on Prop KK on the November ballot.” Mama’s Demand・Linda Majid, director of Action’s Colorado branch, said: Keep guns safe in every city. “By requiring modest taxes on firearms and ammunition, Coloradans can ensure new funding to protect and treat survivors and provide critical services to break the cycle of violence. Show your commitment to the safety and future of our state by voting yes on Prop KK.”
According to the bill, Colorado will also vote on Proposition 130, which would increase police funding by $300 million. As of this writing, 53% support the initiative and 46.9% oppose it. According to Unofficial vote count.
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