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Grand Master Know It All
A concern I have heard expressed over the years is that if the NFA taxes are opened up for change or review, we may end up with either prohibition or a big increase.
The 200 dollar tax was imposed in 1934 when Thompson's were selling in 175 to 200 dollar range, so the 200 dollar tax was a real burden.
Some progress has been made for Suppressors and SBR processing since the first week of April.
E-Form filings from Silencer Shop have been as short as 1-day to 3-day approvals once submitted.
Paper Form 4's seem to be still taking multiple months.
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