Prop. KK is a 6.5% tax on gun owners, firearm retailers that with local tax is ‘more like 30%’
By Jen Schumann | Contributor, Rocky Mountain Voice
Proposition KK has turned Colorado's gun stores like Jerry’s Outdoor Sports into the front line of a battle over 2nd Amendment rights.
Tim Holt, owner of Jerry’s Outdoor Sports, is speaking out. He argues Proposition KK targets the wallets of responsible gun owners and threatens small businesses.
If Prop. KK passes, a 6.5% excise tax will be added to firearm and ammo sales. It would tax manufacturers, dealers, retailers and ammo vendors. The stated goal appearing in Colorado's Blue Book is to raise $39 million a year for victim services, mental health and school safety.
Proponents say the tax is vital for public services. Critics say it's adding more unfair burdens on lawful gun owners.
For Holt, Prop. KK is another restric...