[ocrp1982]

I read once the average price of an AR-15 is $1,250.00. 1,250.00 * 1000 = $1,250,000.00. Clearly un-Constitutional.
Wonder how many Cross-the-Aisle RINOs would be onboard with this “compromise”. Someone call Cornyn, Collins, Murkowski, Romney, etc...and ask them.

[CA Conservative]

Actually, a 1000% tax on a $1250 weapon would be $12,500, not $1.25M. For percentages, move the decimal 2 places to the left...

[ShadowAce]

I read once the average price of an AR-15 is $1,250.00. 1,250.00 * 1000 = $1,250,000.00. Clearly un-Constitutional.

Well, your math is incorrect.

1000% is only 10 times. so $1,250.00 x 10 = $12,500.00.

Still clearly un-Constitutional.

[chronicles]

No, smart senior citizen husband says the tax would be $12,500.00.
It is 10 X 100% of the purchase price.

[skimbell]

When this whole thing came out last week there was a gunshop owner that said he'd sell the AR for 1 cent. The 1000% tax makes it $10. Then all purchasers are required to buy a Snickers bar for $990.

[sauropod]

*1000 is not 1000%

1000% is *10. So $1,250 * 1000% = $12,500.00

[schurmann]

“I read once the average price of an AR-15 is $1,250.00. 1,250.00 * 1000 = $1,250,000.00...” [ocrp1982, post 14]

“A thousand dollar weapon will then cost a million...” [Hostage, post 19]

Wrong. Decimal point has meaning.

1000 percent = 10 times the original amount.

Tax on a $1250.00 price would be $12,500.00.

Tax on a $1000.00 price would be $10,000.00.

Still confiscatory, therefore unconstitutional infringement.