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Posted: 10/29/2010 6:58:41 AM EDT
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Here's a stupid question:
On Spike's website, a complete M4 rifle is $799. A complete upper is $525, a complete lower is $250. So, to buy a whole rifle costs $799, but to buy a whole rifle in two pieces costs $775. If the complete upper and complete lower just snap together, why the difference in price? |
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Fed Taxes on complete rifles.
http://www.ttb.gov/firearms/faetinfo.pdf?cm_sp=ExternalLink-_-Federal-_-Treasury "The Alcohol and Tobacco Tax and Trade Bureau (TTB) collects the firearms and ammunition (i.e., shells and cartridges) excise taxes imposed by the Internal Revenue Code (IRC). Section 4181 of the IRC imposes a tax upon firearms and ammunition when the manufacturer, producer or importer sells or uses the firearms or ammunition. A tax of 10 percent of the sales price is imposed on pistols and revolvers. A tax of 11 percent of the sales price is imposed on other portable weapons (e.g., rifles and shotguns) and ammunition. The excise tax is not imposed again unless the firearms and ammunition are further manufactured. This excise tax was first imposed February 25, 1919." |
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Then you end up paying shipping twice...