Friday, May 8, 2009

No recession here (people love their firearms)

As many people know, the federal government taxes the sale of firearms and ammunition.

Money collected from the sale of these items goes to support various federal and state wildlife management programs and projects. Among them is support for the Ohio Division of Wildlife which receives no Ohio General Revenue dollars.

The most recent report from the U.S. Department of the Treasuring notes that the federal excise tax collected on firearms and ammo during forth quarter of 2008 was more than $98.1 million. That figure is up 31.3 percent over the same period in 2007.

This report also notes than $27.6 million was collected on handgun sales and $35 million for rifles and shotguns while $35.5 million was for ammunition.

In closing out the 2008 year, a total of $345.2 million in excise taxes were collected - up from the $303.2 million collected for all of 2007.

While on the subject of firearms, the Western Reserve Friends of the NRA will host a Chinese auction and banquet beginning at 5:30 p.m., May 29 at the EOUV Hall, 8636 Pekin Road, Bainbridge Township.

Among the items up for auction are a wide assortment of firearms and related accessories.

The banquet cost is $35 per person with the money going towards firearms education, safety, youth programs and wildlife conservation.

For further auction and banquet details, call 888-752-9119 or e-mail to WesternReserveFNRA@gmailcom.

- Jeffrey L. Frischkorn

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