The other side of that same coin is also an issue. I've never been interested in paying $5,000-$10,000-$15,000 or whatever for an NFA auto because one signature on legislation anytime in my or my children's lifetime to confiscate those guns would see all that artificial market value disappear in a puff of smoke.srothstein wrote:That depends on how you define working. Remember that the original tax was the same $200 it is now, which put them out of reach for most people when the law passed.cling wrote:It's been working for almost 80 years as far as I can tell. Look, I don't like it, but the reality is if the NFA is Constitutional then adding semiautomatics to the list of NFA firearms doesn't change that. Say what you want but that's reality.anygunanywhere wrote:Let us all know how that "keep them if they are registered" thing works out for you.
And then all it took was one minor little change as part of a compromise to ban them from the market. In 1986, they just closed the registry and no new full auto weapons could be put on the list or bought. The price of the existing ones went up by about 1000% (from an average of $2000 to more than $20,000) and is still climbing. Have you tried to buy one lately?
Face it, a full-auto AK selling for $10,000 is simply ridiculous when you can buy one in Somalia for $75.
