Colorado Proposition KK Would Place Excise Tax on Firearms

Colorado Proposition KK Would Place Excise Tax on Firearms

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Categories: Westword, Topics, Cannabis, Music
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Proposition KK, one of fourteen statewide measures on Colorado's November ballot, proposes a 6.5 percent excise tax on firearms, firearm parts and ammunition; revenues from the tax would be allocated to support crime victim services, mental health services for veterans and children, and improvements in school security. Excise taxes on the sale of firearms are nothing new: Since 1919, a 10 percent federal excise tax has been placed on handguns and an 11 percent tax on all firearms and ammunition…

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