Colorado voters to decide whether 6.5% excise tax will be levied on gun manufacturers, suppliers

Colorado voters to decide whether 6.5% excise tax will be levied on gun manufacturers, suppliers

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Social Studies

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Hard

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The video discusses Proposition KK, a proposed 6.5% tax on gun and ammunition sales in Colorado. The tax aims to fund mental health and crime victim support services. Similar measures exist in other states, with California implementing one recently. Supporters argue it funds necessary programs, while opponents claim it unfairly burdens gun owners and infringes on self-defense rights. The tax would add costs to firearms and ammunition, potentially deterring purchases. The video also covers the historical context of firearm taxes and mentions other jurisdictions with similar legislation.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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