1934 NFA Stuff
I have said for a long time, to make me happy with gun laws, that three things need to happen:
1 – Getting rid of the Assault Weapons Ban
2 – Getting rid of the Hughes Amendment to the gun control act of 1986 that prohibits the sale of automatic weapons made after that date. It just limits supply and increases prices (For example, a brand new HK MP5 costs about $1,300; a grandfathered, pre-1986 one costs about $15,000). This law is also responsible for an increase in untraceable machine guns on the streets. If hobbyists can’t buy them legally, they make them. Ask Mark Lancaster.
3 – Repealing the $200 tax on NFA transferable weapons (initiated in 1934) because taxing a right is illegal.
The Heartless Libertarian addresses the 1934 National Firearms Act.