Monday, November 24, 2008

Tax Free Holiday For Gun Sales


Now this is a good idea. I stumbled onto the blog Conservative Scalawag, and found a very interesting post that talked about South Carolina... and its tax free holiday.

For years now, South Carolina has had a tax free holiday for back to school items, however now it has a similar holiday, for guns. In June state law makers passed a bill called the "Second Amendment Recognition Act", which makes the Friday and Saturday after Thanksgiving, a sales tax "holiday" on firearms. In English (no need to press 1 here), that means you can purchase a pistol, rifle, or shotgun, and you wont have to pay the sales tax.

With the cost of guns going up, as well as the sale of firearms, this is a deal worth taking advantage of. Depending on what you guy, your savings could be anywhere from a little, to a heck of a lot. The tax rate in South Carolina isn't that much, a mere 4%, however its always nice to save money.

The Governor of the state, Mark Sanford, actually vetoed the bill, however the lawmakers overrode it. In his veto message, he said: “While we support the intent underlying sales tax holidays, we are vetoing this bill because we don’t believe that sales tax holidays are an effective method of promoting energy efficiency or the Second Amendment.”

He also said that there are many studies that show how
providing a temporary sales tax holiday does not have a significant impact on consumer demand... which makes no sense as to why he would veto the bill. Thankfully, the lawmakers are smart and dedicated, and I thank you. If you ever need a job, please come to Michigan.


(picture from Reuters: Jeff Mitchell)

1 comments:

Conservative Scalawag November 24, 2008 4:58:00 PM EST  

Hey, nice to finialy meet a Michigan gun blogger. My wife is from up that way, and we (her idea) will be moving back in a few years.