Seems we need to watch all the back and side doors, this one has not had much press (emphasis mine), looks like they are specifically targeting AR pistol lowers too.
Introduced in House (02/27/2018)
Gun Violence Prevention and Safe Communities Act of 2018
This bill amends the Internal Revenue Code, with respect to the excise tax on the sale of firearms by manufacturers, producers, or importers, to: (1) increase the rate of such tax to 20% on pistols, revolvers, and other firearms and on any lower frame or receiver for a firearm; and (2) impose a 50% tax on shells and cartridges. The bill exempts any department, agency, or instrumentality of the United States from such tax.
The bill allocates revenues from the increased excise tax under this bill for law enforcement and public safety grant programs, including programs for research on gun violence and its prevention.
The bill: (1) increases the occupational tax on importers, manufacturers, and dealers in firearms and the transfer tax on firearms; and (2) modifies the definition of "firearm" for excise tax purposes to include a semiautomatic pistol chambered for cartridges and configured with receivers commonly associated with rifles and capable of accepting detachable magazines.
This video shows why you keep engaging the threat until the threat stops, or you run out of bullets. Notice how the perp has been hit, at least twice but still gets one of the guns and attempts to shoot one of the clerks. This ended well for the clerks, but it could have gone sideways very quickly. He should of been dropped when he turned the corner after they armed themselves.
So this guy just does not get what side his bread is buttered on, he owns a company that sells drum magazines but thinks that gun ownership is a privileged that you have to jump through hoops to get. Something tells me he is going to see diminished sales going forward; and the worst part is that it is a TN company.