Cook County Proposes Tax on Guns and AmmunitionSubmitted by bierdegarde on Wed, 10/10/2012 - 09:07
According to NBC Chicago, Cook County President Toni Preckwinkle has announced that the county is considering a tax on guns and ammunition in order to help close a $115 budget deficit for next year. The proposal, being called a "violence tax," follows months of shootings and homicides in Chicago. However, gun rights supporters are voicing their opposition of the proposed tax.
Here are some facts about the concept announced today, what it would mean for taxes on guns and ammunition, and the county's goals in creating the tax: