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Thread: NFA changes inc?

  1. #21
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    Interesting info. I knew about the AOW but did not know about the game getter. Is that basically what we would look at as an AOW today.


    Quote Originally Posted by Hmac View Post
    Excellent! I hope you get a quick return of function.
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  2. #22
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    Quote Originally Posted by Hmac View Post
    $200 in 1934 would be equivalent to $3430 in 2012 dollars.
    Maybe. But if you look at gold as the purchased goods it was priced at $20 or $35 per ounce, depending on when in 1934 you're talking about.
    That would make a Thompson and the transfer, at $200 each then, equal to about $9000 to $15000 each now.
    If you choose to look at that comparison.
    former cat herder

  3. #23
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    Quote Originally Posted by g5m View Post
    Maybe. But if you look at gold as the purchased goods it was priced at $20 or $35 per ounce, depending on when in 1934 you're talking about.
    That would make a Thompson and the transfer, at $200 each then, equal to about $9000 to $15000 each now.
    If you choose to look at that comparison.
    LOL. Since I'd be paying with dollars, I'm just going by inflation of the dollar based on the CPI over that period of time. Gold is a completely different commodity than the dollar and exists on a completely different playing field. Not really relevant unless you're comparing buying a Tommy gun in 1934 and paying with gold compared to buying a Tommy gun in 2012 and paying with gold. I'll probably just put it on my VISA card.

  4. #24
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    Quote Originally Posted by Renegade View Post

    In 1938 Congress recognized that the Marble Game Getter, a short .22/.410 sporting firearm, had "legitimate use" and did not deserve the stigma of "gangster weapon" and reduced the $200 tax to one dollar for the Game Getter. In 1960 Congress changed the transfer tax for all "any other weapon" (AOW) category to $5.The transfer tax for machine guns, silencers, SBR and SBS remained at $200
    .

    So that is TWO documented instances of the NFA Tax being REDUCED. I think, but am not sure the $1 stamps is gone, so that would be THREE changes.


    I stand corrected.

  5. #25
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    Quote Originally Posted by Hmac View Post
    LOL. Since I'd be paying with dollars, I'm just going by inflation of the dollar based on the CPI over that period of time. Gold is a completely different commodity than the dollar and exists on a completely different playing field. Not really relevant unless you're comparing buying a Tommy gun in 1934 and paying with gold compared to buying a Tommy gun in 2012 and paying with gold. I'll probably just put it on my VISA card.
    I understand. But I've always questioned the CPI as to its accuracy when you're really buying goods. A 1970 car at $3200 would be about $17000 by CPI calcs but the "semi-equivalent" car today would really cost $30000-$35000, at least by my estimates.

    By any comparison the stable $200 transfer tax has decreased in 'real' cost over the years.
    Last edited by g5m; 07-11-12 at 14:56.
    former cat herder

  6. #26
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    Quote Originally Posted by g5m View Post
    I understand. But I've always questioned the CPI as to its accuracy when you're really buying goods. A 1970 car at $3200 would be about $17000 by CPI calcs but the "semi-equivalent" car today would really cost $30000-$35000, at least by my estimates.

    By any comparison the stable $200 transfer tax has decreased in 'real' cost over the years.
    Your concept of "semi-equivalent" is quite a bit different than mine. My 1970 Cutlass S was really a nice car at the time, but by today's standards a pretty rudimentary vehicle -- crank windows, carburetted engine, no stereo, no cruise control, etc etc -- as opposed to a typical $35,000 Chevy today with it's expensive pollution control devices, safety devices like airbags and anti-lock brakes, traction control, fuel injection, power windows, satellite radio etc etc.

    If we're comparing apples to apples, as we would be with, say, buying a tax stamp in 1934 vs 2012, we'd be comparing your $3200 1970's car to some something equally rudimentary 2012 vehicle (if the feds would let the mfgrs make something like that), probably in the $17,000 range, I'm guessing....
    Last edited by Hmac; 07-11-12 at 16:00.

  7. #27
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    Quote Originally Posted by Renegade View Post

    In 1938 Congress recognized that the Marble Game Getter, a short .22/.410 sporting firearm, had "legitimate use" and did not deserve the stigma of "gangster weapon" and reduced the $200 tax to one dollar for the Game Getter. In 1960 Congress changed the transfer tax for all "any other weapon" (AOW) category to $5.The transfer tax for machine guns, silencers, SBR and SBS remained at $200
    .

    So that is TWO documented instances of the NFA Tax being REDUCED. I think, but am not sure the $1 stamps is gone, so that would be THREE changes.
    Thanks for the lesson. In the context of the discussion, I (mistakenly) thought you were talking about changes with regards to classes (MG, Suppressors, SBR/SBS) - not an individual weapon. The person you were responding to made the statement:

    Quote:
    Originally Posted by everyusernametaken
    The $200 stamp rate has been the same since the 30s? That would have been an obscene amount of money back then. It had to have increased with inflation over the last 80 years.

    Your reply implied to me the stamp price had increased several times. My mistake.


    I did forget about the AOW being reduced to $5. Again, thanks for the lesson.

  8. #28
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    Those pictures of the back logged boxes of forms to be processed is something that I hope the suggestions that they were bringing to the table, will help in the future expediting of the process.

  9. #29
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    Interesting video placed by the OP.
    The last calc I saw was indicating transfer times expected to run about 10 months for a current submittal.

    And, to Hmac, I understand what you are saying.
    The devaluation of the dollar just continues.
    former cat herder

  10. #30
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    Quote Originally Posted by Hmac View Post
    Your concept of "semi-equivalent" is quite a bit different than mine. My 1970 Cutlass S was really a nice car at the time, but by today's standards a pretty rudimentary vehicle -- crank windows, carburetted engine, no stereo, no cruise control, etc etc -- as opposed to a typical $35,000 Chevy today with it's expensive pollution control devices, safety devices like airbags and anti-lock brakes, traction control, fuel injection, power windows, satellite radio etc etc.

    If we're comparing apples to apples, as we would be with, say, buying a tax stamp in 1934 vs 2012, we'd be comparing your $3200 1970's car to some something equally rudimentary 2012 vehicle (if the feds would let the mfgrs make something like that), probably in the $17,000 range, I'm guessing....

    You really need to compare to the same level of car FOR THE TIME. If the current technology in the 70s was crank handles, carburetor etc then you compare to a vehicle in the same class or level.

    It is like computers. Say I bought a computer say for $3000 in 1990. It was the top of XYZ computers line. WHat is the equivalent computer in the lineup today? And how much does it cost. Obviously it will have more bells and whistles and be a few orders of magnitude faster today. Technology advances makes different levels of technology cheaper over time and the new technology takes over in the ladder at the top as it is introduced, pushing what was once the top down to the middle and eventually lower tiers.

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