Effects of an AWB

[slow06]

Neither of those should be effected except for right now availability could be lacking due to all the gun buying in general that's skyrocketing as we speak.

Yeah I'm not going to be buying anything right now simply for that reason. The insanity is too much for me. I guess my though was people are still going to be spending their gun money, so even after the current rush dies down there will still probably be more demand for other non-banned items.

During the 94 AWB, the only limitations placed on guns were cosmetic. If you met more than any two or more of the "evil" features below on a firearm, you had an illegal weapon.



You also had a ban on names. Such as AR15 could no longer be used. This is where you see Colt using Match Target Rifle etc on their guns. And the same on other guns.

There werent many AR manufacturers during the ban, most were those already in govt production of firearms.

Preban guns were grandfathered along with magazines. Anything afterwards had a LEO/MIL disclaimer saying sale only to them. What terminology they'd use now I have no clue. Preban guns also claimed a premium around the US as you could do as you please with them.

Under the old ban and any potential new one, you also lose your silenced pistols and semi automatic rifles, SBRs, and everything most people buy on a Form 4 or mfg on a Form 1.

Ammo was was no concern. It was actually really cheap and plentiful. Any proprietary ammo that is SBR preferred would almost see a decline in support.

Great info, thanks for sharing.

It is funny because I look at that list (granted it is from the old law) and think a bull barrel "AR" of any sort with an A2 stock would still be legal. It's just a silver lining, but it's something.

The ABSOLUTE worst part about a new AWB is it will do nothing to prevent further crimes like these. Banning pistol grips, flash hiders or collapsible stocks will not fix shit. So what then? What happens when BHOs new rules don't solve the "problem"? More legislation? More bans until the problem goes away? Which it obviously won't. Its a slippery slope, and giving that first inch will only empower them to steal more

This part I agree with wholeheartedly. It defies logic, and I'm getting frustrated just reading this.

For my own sake, at this point I just have to move on to other things. My wife has graciously pointed out that I have been getting really angry about all of this but can't do anything, and if I keep getting more worked up over it I will eventually get to the point where I look like a raving lunatic. At this point she is right, so I'll set my sights ahead until the opportunity presents itself to present my opinion or participate in meaningful change. The less ranting I do until then (hopefully) the more seriously my opinion will be taken.

[pr1042]

I would encourage those (myself included) engaging in panic buying to also write their representatives as opposed to merely stocking up and waiting for a ban

[IHaveAMustang]

Well crap, I didn't know suppressors were banned in the 94' AWB. I guess I better accelerate my timeline before I can't do it for a decade (or potentially longer)

[David]

Well crap, I didn't know suppressors were banned in the 94' AWB. I guess I better accelerate my timeline before I can't do it for a decade (or potentially longer)

They weren't banned technically, but you had little means of putting on on a gun and they were considered flash hiders.

[CJ]

I wonder how this will effect machinegun transfers.

[David]

I wonder how this will effect machinegun transfers.

Under the old ban nothing happened with them.

[CJ]

Under the old ban nothing happened with them.

If we're lucky. This one is "perfected."

[Moose242]

If they ban the transfer of existing weapons (Feinstein said this was in her bill), you can write all of your firearms off as a loss on your taxes due to them becoming a static investment (even if you put all your guns in a trust).

[CJ]

If they ban the transfer of existing weapons (Feinstein said this was in her bill), you can write all of your firearms off as a loss on your taxes due to them becoming a static investment (even if you put all your guns in a trust).

LOL what happens if your losses exceed your annual taxes?

[BlackGT]

LOL what happens if your losses exceed your annual taxes?

Govt pays you and then some?

[Moose242]

LOL what happens if your losses exceed your annual taxes?

The government allows you to spread a loss over several years. You can also apply past unharvested losses to any financial taxable gains you make in the next year.

[IHaveAMustang]

Feinstein's bill is a ball busting bill that won't make it through without any friendly amendments from other supporters.

[CJ]

The government allows you to spread a loss over several years. You can also apply past unharvested losses to any financial taxable gains you make in the next year.

That's what I figured.

[Moose242]

That's what I figured.

I actually went and asked our accountant on that one to make sure.