Unique Crypto Strategies
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Unique Crypto Strategies

Politics

Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’

by June 27, 2025
June 27, 2025
Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’

A provision inside President Donald Trump’s ‘big, beautiful bill’ that would have lessened regulations on certain firearms was one of many stripped policies that did not pass muster with Senate rules.

The Senate parliamentarian ruled late Thursday night that policy changes that would delist short-barrel rifles, shotguns and suppressors from the National Firearms Act (NFA) would have to be scrubbed from the Senate Finance Committee’s portion of the mammoth bill.

The provision would have allowed for those particular guns and accessories to no longer be subject to a $200 federal tax. They would also no longer have needed to be registered with the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Changes to the NFA were part of the Stop Harassing Owners of Rifles Today (SHORT) Act, a bill pushed by Sen. Roger Marshall, R-Kan., in the upper chamber, and Rep. Andrew Clyde, R-Ga., in the House.

‘This is a setback, but we are committed to working with the parliamentarian to protect the Second Amendment in any way we can through reconciliation,’ Marshall told Fox News Digital in a statement. ‘‘Shall not be infringed’ is crystal clear and the rights of gun owners must be respected.’

Indeed, lawmakers do have the opportunity to rewrite the provision to comport with the Byrd Rule, which governs the budget reconciliation process and allows either party in power to skirt the 60-vote filibuster threshold in the Senate.

Clyde told Fox News Digital in a statement that he disagreed with the ruling, ‘as the taxation and registration of firearms under the draconian NFA are inextricably linked.’ 

‘I’m working with my Senate Republican colleagues to rewrite the language so we can retain our 2A wins and deliver the best possible outcome for the American people,’ he said. ‘We must seize this rare opportunity to restore our Second Amendment rights.’

Arguments before the parliamentarian, who many Republicans lashed out at on Thursday following rulings that stripped key, yet divisive, Medicaid tweaks from the ‘big, beautiful bill,’ are expected to continue throughout Friday and likely until the last few minutes before the final bill is revealed.

The gun provision was one of many tax-related items stripped from the package. Others included subsidies for private schools and carve-outs for religious colleges from the endowments tax, among others.

There are other provisions still under consideration, including ‘Trump Accounts,’ which would have set aside $1,000 in taxpayer money for newborns, requiring Social Securities numbers for a slew of tax credits, and making tax benefits for those who invest in opportunity zones permanent. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Russia has amassed 110,000 troops near strategic Ukrainian city, Kyiv says
next post
Trump celebrates Supreme Court limits on ‘colossal abuse of power’ by federal judges

You may also like

Trump-pardoned real estate mogul Charles Kushner confirmed for...

Time is running out to stop Iran from...

Trump feels in ‘good shape,’ after physical, says...

I survived the Iran hostage crisis. People in...

An American father’s plea: President Trump, please bring...

America’s Golden Dome can’t wait

New watchdog report shatters Biden-Harris narrative about ethics,...

Musk not leaving yet, wrapping up work on...

NIH director, after Trump nominates RFK Jr. for...

Trump lambastes Liz Cheney as ‘Crazed Warhawk’ as...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump secures record-shattering $1.4B for political war chest; will be ‘dominant force’...

    • Trump says ‘big, beautiful’ bill ‘must’ meet deadline as some Republicans waver

    • How authorities found a drug kingpin’s luxurious hideout in Ecuador

    • Rio Silver to Complete 5:1 Consolidation

    • Barrett eviscerates Jackson, Sotomayor takes on a ‘complicit’ court in contentious final opinions

    Categories

    • Business (524)
    • Investing (2,557)
    • Politics (4,112)
    • Uncategorized (1)
    • World (2,642)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: uniquecryptostrategies.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 uniquecryptostrategies.com | All Rights Reserved


    Back To Top