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Reply to "Common Sense Gun Laws"
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[quote=Anonymous][quote][quote] Uninsured motorist funds also do not cover intentional criminal acts. I am not sure what you are thinking of, but it may be closer to a victims-of-crime fund, and those types of funds already exist. It's nothing new and typically covers a variety of crimes, not just those involving a gun. It may be plausible that such a targeted fund is set up at the state or national level that is funded through a tax on gun sales. As a gun owner, I'm ambivalent about something like this. If it exists, I'd obviously help pay for it. I just don't see that it will have any type of deterrence effect for people owning guns as such taxes will be minor compared to the cost of the gun. In the grand scheme of things, there just aren't that many people who are victims of gun violence compared to the sheer number of guns owned in the US. [b]If we take last year's million guns sold per year, and add a $50 tax on the sale of each gun, which is entirely plausible, that would generate nearly 1 billion dollars for the fund. It's estimated that the yearly medical cost of gun violence is, surprisingly enough, $1 billion dollars.[/b] In fact, they can use the yearly sales data to set the following year's gun sales "victim fund" tax. If only 10 million guns are sold, then it would be $100 per gun. Surplus/deficits can carry/roll into the following year.[/quote] Last year a million guns were sold. At $50 tax per gun that would be $50 million (not 1 billion as you state). You would have had to charge 1K per gun to get to 1 billion in the fund. [/quote] Check again, 19 million guns were sold. [/quote]
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