Ben Harakel
Intro to Economics
Gun Control and It's Effects
Top 7 Negative Economic Effects of Colorado Gun Control
Colorado is yet another state that had passed very restrictive gun laws and is beginning to see the effects of those actions on the local gun market. The MAIG (Mayors Against Illegal Guns) package is set to begin on July 1st and bans anything higher than 15 round magazines, expands background checks and firearm regulation. This package was largely supported by many state Democrats along with other national Democratic congressmen. This new package is expected to tax the states police force as well as the revenue the state makes off of guns. Police will now not only have to track down the black market gun deals that are going on but will also have to prevent legally bought items from finding their way into the state. Not only will this package hurt the struggling police force but will also hurt the government's revenue based off of gun sales. All the guns either sold illegally or bought in other states will not be taxed by Colorado which ends up in lost revenue for the state. It also means that the regulations the state mandates may not be followed which could mean firearms that aren't functioning properly. The package has also forced Colorado Gun Manufacturer to move out of the state taking with it $85 Million in taxable revenue along with over 600 jobs.
I feel like again we see the economic problems of getting rid of guns and how gun manufacturers react, but this article presents other problems that arose. The police issue was really interesting to me because it totally makes sense. Now the police have another problem to worry about, they have to worry about illegally bought guns and now illegal guns legally bought in other states. I really liked the insight on this article because as a nation the police problems aren't really an issue but to a state government it clearly is. In my opinion all governments, both state and federal, need as much money as possible and taking away the taxes on guns is taking away possible revenue. I liked the fact that the Colorado Gun Manufacturer took a stand against the laws and actually moved their operations unlike the gun manufacturers in Massachusetts. It makes perfect sense why they moved and in my mind the financials should be what drive the business.
There's no reason to gun control, in my eyes. As you stated, this is just going to create another sidetrack for cops; as in there are bigger problems to focus on rather than this because clearly the rebellious people who already have guns won't just give them up. This will essentially just take a good source of defense away from "good" people and make it easier for "bad" people to do bad things.
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