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Handgun Sales Up 70%(!) in 4th Quarter of 2008 (Obama: Handgun Salesman of the Year)
National Shooting Sports Foundation ^ | May 4, 2009 | National Shooting Sports Foundation

Posted on 05/04/2009 3:30:16 PM PDT by Atlas Sneezed

Conservation Efforts Benefit from 31 Percent Jump in Excise Taxes

Firearms and ammunition excise tax collections for fourth quarter of calendar year 2008.

SALES REMAIN STRONG FOR MANUFACTURERS . . . Firearm and ammunition manufacturers paid more than $98 million in excise taxes in the fourth quarter of 2008, up 31.2 percent over the same period in 2007, according to figures released earlier today by the U.S. Department of the Treasury.

From Oct. 1 to Dec. 31, $27.6 million was collected for pistols and revolvers, $35 million for long guns and $35.5 million for ammunition. Compared to the same period in 2007, collections were up 70.1 percent for handguns, 11.4 percent for long guns and 31.1 percent for ammunition.

Excise tax collections are a key economic indicator for the industry. The taxes are calculated as a percentage of wholesale receipts, paid quarterly by firearm and ammunition manufacturers, and earmarked for state wildlife conservation and habitat restoration programs. A total of $345.2 million was collected in excise taxes in 2008, up 13.9 percent from the $303.2 million collected the previous year. These statistics are based solely on U.S. civilian sales and do not include sales to military, police, etc.

(Excerpt) Read more at nssf.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; News/Current Events
KEYWORDS: 2008review; ammo; ammunition; banglist; bho44; bhobanglist; democrats; firearms; handguns; obama; sales; shallnotbeinfringed

Incidentally, this tax data is a better indicator that NICS background checks, which are inflated by used gun sales, and deflated by multiple purchase transactions. The tax rate is simply a straight percentage (~10%) of wholesale revenues.

1 posted on 05/04/2009 3:30:16 PM PDT by Atlas Sneezed
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To: Beelzebubba

Look at how well he’s stimulating the economy!

With every $15 box of ammo I buy, I realize I’m helping Obama to help the economy recover!


2 posted on 05/04/2009 3:33:13 PM PDT by Choose Ye This Day (Tu ne cede malis.)
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To: Beelzebubba

Took some earnest searching to find Hornady’s Leverevolution ammo. You could only buy it by the box though.


3 posted on 05/04/2009 3:35:44 PM PDT by Westlander (Unleash the Neutron Bomb)
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To: Choose Ye This Day

What are you getting for you 15 bucks?


4 posted on 05/04/2009 3:42:00 PM PDT by MarkeyD (OBAMA. Chains we can believe in!)
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To: Beelzebubba

Handgun sales up 70%, but most of the populace is very happy with Obama. They don’t have any fears these days. /s

The truth seeps out sooner or later.


5 posted on 05/04/2009 3:44:48 PM PDT by DoughtyOne (Pres__ent Obama's own grandmother says he was born in Kenya. She was there.)
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To: Beelzebubba

“Conservation Efforts Benefit from 31 Percent Jump in Excise Taxes”

...unfortunately, since Clinton a lot of that money has gone to anti-hunting groups....and BTW the only reason gun sales were up 70% instead of 700% is that manufacturers couldn’t ship....my gun store owner told me that “the industry simply wasn’t prepared for Obama”


6 posted on 05/04/2009 3:46:26 PM PDT by STONEWALLS
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To: Beelzebubba
Handguns are fine and wonderful. Long guns are going to prove more useful when the SHTF.

A bit of both works for me.

7 posted on 05/04/2009 3:56:17 PM PDT by muir_redwoods ( O.B.A.M.A. = One Big Asinine Mistake, America)
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To: Choose Ye This Day
I have been doing my part too, I figure I have paid several hundred dollars in excose tax into the Obipma tax coffers.

And Obama STILL wants to define how wealthy I should be.

Where IS his gratitude???

He borrowed billions of future tax dollars, and now he wants to TAKE our money to pay for it. Good luck on that Obipma.

8 posted on 05/04/2009 3:56:29 PM PDT by Candor7 (The weapons of choice against fascism are ,derision ,truth. (member NRA)
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To: Beelzebubba

trouble is they are making handguns faster than ammunition!


9 posted on 05/04/2009 3:56:31 PM PDT by Hammerhead
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To: Beelzebubba

Bought a case of 5.56x45 today. For about 20% more than I would have paid 6 months ago.

And about 125% more than I would have paid 3 years ago.


10 posted on 05/04/2009 4:07:15 PM PDT by CGTRWK
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To: CGTRWK

Money well spent......


11 posted on 05/04/2009 4:15:36 PM PDT by raptor29
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To: Beelzebubba

A GLock LEO rep told us they are 20,000 orders behind and S&W and Ruger are about 15,000 each behind. They are supposedly adding a third shift to meet demand. Strike while the iron is hot.


12 posted on 05/04/2009 4:16:02 PM PDT by ScottinSacto
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To: Beelzebubba

Maybe this is how Obama is going to fund his next budget. ;)


13 posted on 05/04/2009 4:17:45 PM PDT by Frohickey
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To: ScottinSacto

I read that some Kimbers have a 6 to 9 month wait.


14 posted on 05/04/2009 4:44:57 PM PDT by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: Beelzebubba
The following is a public service announcement.

Here's my tip of the month: there is still a great pistol and ammo deal out there waiting for you. If you have waited too long to arm up, or if you want one more, look at the excellent milsurp CZ-52 pistol and 7.62X25 Tokarev ammo.

You can get a CZ-52 for about $200 at any gun show or at many gun stores. You can also find them by googling around the internet. The ammo can be had for as low as 11 cents a bullet in any quantity you want. Extra mags are from $12 to $20 each.

The milsurp ammo is full metal jacket, firing an 85gr bullet at 1,600fps. These will go through car doors, kevlar helmets, kevlar vests etc like an icepick through butter. OTOH, they will also go through one bad guy and maybe hit a good guy behind him.

However, you can buy hollowpoints ("Wolf Gold" with brass shells) for about $19/50, or half the price of comparable 9mm JHPs. My test "Wolf Gold" JHP ammo expanded to .60 caliber, the same as my test 9mm JHPs.

So for $400, you could buy a CZ-52, 1,500 rounds of assorted ammo, and a few extra mags. OR, you could buy about 2/3s of a "brand name" pistol, and no ammo.

It's just a thought. This is a great bargain. The ammo is cheap and plentiful at all of the internet catalog sites. Don't wait, the libtards will soon slam the door on foreign gun and ammo imports, and the prices will go way up.

Another benefit of this pistol is that it is very accurate, with very fine sights. WIth this flat-shooting ammo, you can hit at 100 yards with ease. Downsides are brittle firing pins (buy a spare, and don't dry fire) and a decocking function that you should not trust. Just lower the SA hammer like a 1911. The safety works like a 1911, so if you are used to 1911s, it will be very easy to use the CZ-52

15 posted on 05/04/2009 4:47:50 PM PDT by Travis McGee ("Foreign Enemies And Traitors" will be ready the first week of May.)
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To: Beelzebubba
If AP had reported this, they would have attributed the rise in sales to "fears of increased crime in a difficult economy".

Yeah, let's just ignore the elephant in the room.

16 posted on 05/04/2009 4:48:49 PM PDT by SIDENET ("You knew the job was dangerous when you took it, Fred.")
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To: MarkeyD

Here in Utah, a box of 50 9mm bullets goes for $15. That’s when I can find any.


17 posted on 05/04/2009 4:49:30 PM PDT by Choose Ye This Day (Tu ne cede malis.)
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To: Travis McGee

Went to the York PA gun show this weekend and saw one CZ 52. Looked like it had been dragged behind a pick up. The slide needed to be racked by a come along. I think the supply is drying up. Don’t see them much on the internet. I added a CZ 82 to the menagerie today.


18 posted on 05/04/2009 11:51:01 PM PDT by Stentor (The Criminal Obama Administration.)
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To: Stentor

Yeah, I think the CZ-52s must be drying up. Still a lot of cheap ammo for them though. I had a Tokarev for a while, I didn’t like it much, but it does take the same ammo.


19 posted on 05/05/2009 5:35:30 AM PDT by Travis McGee ("Foreign Enemies And Traitors" will be ready the first week of May.)
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To: Travis McGee
Yeah, I think the CZ-52s must be drying up...

SARCO found some in 9 mm that they're retailing for $245. Somehow they're less appealing than the 7.62's, though.

20 posted on 05/05/2009 8:54:30 AM PDT by gundog
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To: Travis McGee

The only problem with that is that there are currently surplus 9mm Walther P1s, not made by third world Communist labor, on the open market for $245. They’re also not in an oddball caliber that is subject to import bans.


21 posted on 05/05/2009 10:17:57 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Travis McGee
I bought one of those on my C&R license. Nice shooter you have to watch the ammo though. Most is corrosive mil-surp. Steel firing pins are available and eliminate breakage. Advertised muzzle velocity is up to 1600 f.p.s., one hot pistol round. It is the same round as used in Russian submachine guns in WW2.
22 posted on 05/05/2009 12:49:10 PM PDT by smithandwesson76subgun (full auto fun)
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To: Beelzebubba

I like SWHC and RGR for the near term


23 posted on 05/05/2009 12:53:20 PM PDT by demsux
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To: Beelzebubba
Photobucket
24 posted on 05/05/2009 12:54:32 PM PDT by Pistolshot (The Soap-box, The Ballot-box, The Jury-box, And The Cartridge-Box ...we are past 2 of them.)
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To: smithandwesson76subgun

Yeah, it’s hard to beat for the money. That round in FMJ is sure one penetrator.


25 posted on 05/05/2009 4:08:46 PM PDT by Travis McGee ("Foreign Enemies And Traitors" will be ready the first week of May.)
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