Without violating a confidence, I can say that the reason behind their Chapter 11 reorganization filing — again, not a Chapter 7 liquidation filing — was for internal business reasons, not financial difficulties.
There’s only one problem with the Tiahrt amendment that prohibits ATF disclosure of gun trace data…it has no teeth. In other words, there’s no penalty for ATF violating the law, which they did as part of Biden’s war on guns.
“Everyone’s got them,” one brick-and-mortar retailer in Minnesota said of his sales this summer. A 2021 firearms survey conducted by a Georgetown University professor found that nearly 25 million people had owned an AR-15-style rifle.
This morning, the NSSF’s Larry Keane tweeted that Commerce will end its “pause” on small arms and related exports that the Biden administration enacted as a sop to the gun control industry.
The legislation, which has 27 co-sponsors, would also preempt any state and local laws and would allow the attorney general to investigate any violations and submit a report to Congress each year.
The problem is that these huge spikes in sales have become the new standard by which we judge firearms sales, and anything that isn’t on a par with those spikes is somehow considered a downturn, a market softening, a slump.
One Canadian trigger maker has been taking steps for months to mimimize exposure to tariffs through internal transfer pricing and increasing production in the United States.
The tax holiday, which DeSantis dubbed the “Second Amendment Summer,” would allow people to purchase firearms, ammunition and accessories tax-free from Memorial Day to July 4.
Gun control advocates had pushed for the ISO’s 2022 adoption of merchant code specifics for firearms and a number of states have since outlawed their use.
Plaintiff lawyers are looking for big paydays. SIG is faced with defending its reputation and its products. Plaintiff lawyers would prefer to play “sue and settle.” SIG has shown no inclination at all to do that.
