The tax on some machine guns and silencers just got cheaper

The US Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) is updating its rules for certain firearms. This change reflects a new law that lowered the tax rate on some machine guns and silencers.

The National Firearms Act (NFA) has long imposed a $200 tax on the transfer and manufacture of certain regulated firearms, including machine guns and silencers. This tax has remained unchanged since 1934, making it a significant barrier for many. The new law reduces this tax for specific items, making them more accessible to buyers and manufacturers. This could lead to an increase in the legal market for these previously high-taxed items.