from ZeroHedge:

Democrats in Congress reintroduced legislation imposing a 1,000% excise tax on the sale of “large capacity ammunition feeding devices and semiautomatic assault weapons.”

US Rep. Don “Doug” Beyer, a Democrat from Virginia, and 24 other House Democrats introduced the bill on Friday. A similar bill was introduced by Beyer last year that would, of course, only mean wealthy elites and drug dealers could afford semiautomatic rifles (many of which are hunting rifles) while punishing middle and working-poor Americans.