The far-left city of Seattle, Washington thought it would be a good idea to place a tax on firearms and ammunition, but things didn’t work out as they’d have liked them to.
The Second Amendment Foundation had taken Seattle to court to find out how much the city had taken in with its new tax, after leadership refused to publicly disclose the numbers. The pro-gun group filed suit after the city refused to fulfill a request from Dave Workman, editor of TheGunMag.com, who was trying to determine whether or not the city’s projected revenues were met.
Well, according to the WashingtonFree Beacon, not only did the city not take in the half-million-dollar revenues its liberal leaders had hoped for, but it actually spent more money on fighting the lawsuit than it raised in tax revenues.
From the Free Beacon:
“We are delighted with the outcome of this case,” Alan Gottlieb, SAF founder and publisher of TheGunMag.com, said. “It was silly for Seattle to withhold this information, but we’re pretty certain why the city did it. The council was told that this tax could generate between $300,000 and a half-million dollars, but now it appears the city has collected just over $100,000, which is an embarrassing shortfall.”
The tax, which works out to $25 per firearm and 2 or 5 cents per round of ammunition, has thus far generated no more than $108,013.04, according to court documents. During the discovery portion of the suit, Seattle’s lawyers revealed that a single gun seller accounted for more than 80 percent of the gun-tax revenue. Michael Coombs, co-owner of Outdoor Emporium, said in a separate court filing that he is that gun seller and his tax payments revealed the city’s highest possible revenue.
“When Seattle’s statements are compared with Outdoor Emporium’s $86,410.43 tax payment for 2016, it is mathematically certain that Outdoor Emporium is the retailer that has paid more than 80 percent of the firearm and ammunition tax,” Coombs said in the filing. “If Outdoor Emporium paid at least 80 percent of the total collected for the firearm and ammunition tax, then it is likely that Seattle did not collect more than $108,013.04 ($86,410.43 / .80 = $108.013.04). This is $200,000 to $400,000 less than Seattle claimed it would make from this tax.”
SAF said the legal costs and penalty that Seattle will be forced to pay in the case will amount to more than the revenue the tax brought in.
Great job, Seattle.
Yet another leftist policy that fell flat on its face.