Some in the Gov. have tried to sneak legislation in that would put a bind on the gun community-
The huge stockpile of guns in the United States poses a thorny economic problem for policy makers. Even if steps were taken (bans, taxes, etc.) to curtail new production, how could existing inventories of firearms be reduced? One solution would be for the government to purchase stocks of old guns. But at current prices, the expense would be prohibitive. How can prices be reduced in a way which would facilitate a government buyback program?
Senator Moynihan (D-NY) made a clever suggestion in 1993. He proposed taxing bullets heavily (ostensibly as a means to help finance Clinton's health care plan). He introduced legislation increasing by 10,000% the tax on the Black Talon bullet and all .50-caliber ammunition. In addition, he proposed raising the 11% tax on the wholesale price of all but .22 caliber ammunition (the kind used in target practice by kids at camp) to 50% (Washington Post, Nov. 12, 1993, p. A4).
Senator Moynihan has persisted in these efforts to increase the cost of ammunition. In 1995 he sponsored two Senate bills to tax ammunition: S. 119 and S. 124 (to read the text of S.119, consult http://thomas.loc.gov/cgi-bin/query/z?c104:S.119:; to read the text of S. 124, consult http://thomas.loc.gov/cgi-bin/query/C?c104:./temp/~c1042RPjCu.) He followed these efforts up in 1997 with S. 137 http://thomas.loc.gov/cgi-bin/query/z?c105:S.137:. In January of this year, Senator Moynihan switched from proposing a tax on ammunition to an outright ban. To read the text of his latest effort, go to http://thomas.loc.gov/ and search for bill S. 156.
Without ammunition, guns (be they old or new) are worthless. Since the two are complements in demand, the more a consumer pays for ammunition, the less he is willing to pay either to purchase or to rent a gun. If there were in fact a way to raise the price of ammunition, the market price for renting or purchasing guns would fall and the government could purchase them more cheaply.