Tuesday, March 28, 2023

Ban guns

President Biden wants a ban on assault weapons. This is a situation where we have a previous case that we can draw on to determine how effect that would be. In 1994 congress passed a bill banning assault weapons that lasted ten years before it was repealed. Here are the key findings. The price of these weapons increased dramatically prior to the implementation of the law and prices declined to previous levels after the law was passed. Criminal use of the banned guns declined temporarily. Evidence suggest that may have contributed to a reduction in the gun murder rate against police officers. The ban failed to reduce the number of victims per gun murder incident. The most comprehensive review of the law was that it was ineffective and Most reviews of the 1994 version of the assault weapons ban point to loopholes in the text of the bill that, some argue, made it less effective than some would have wanted. Sounds like changes the government makes in tax law. There are always loopholes.

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