DeLauro calls for $2,000 tax credit for turning in assault rifles

U.S. Rep. Rosa DeLauro, D-3, proposed a $2,000 tax credit for turning in assault rifles to police as Congress takes up gun control.
Called, Support Assault Firearm Elimination and Reduction for out Street Act, it would work by providing a federal tax credit for people who turn in weapons related to future local, state or federal programs.

Lawmakers are facing pressure to do something in the wake of the Newtown massacre in which a man took his mother’s guns, killed her and then shot up an elementary school leaving 20 first graders dead along with six staff.

“Let us be clear. Assault weapons are not about hunting or even self-defense and they should be off the streets,” DeLauro said. “There is no reason on Earth, other than to kill as many people as possible in a very short period of time, that anyone needs a gun designed for military purposes. These weapons have been disproportionately used to kill law enforcement officers in the line of duty and were tragically used in Newtown, Aurora, and countless other mass shootings across America.

The SAFER Streets Act creates a $2,000 refundable tax credit ($1,000 for two consecutive years) for an assault weapon owner who turns in their firearm to the state police.

DeLauro said the idea of a tax credit came from a Connecticut veteran.
Here is the key language of the act:

IN GENERAL.—In the case of an individual who surrenders a specified assault weapon to the
United States or a State or local government (or political subdivision thereof) as part of a Federal,
State, or local public safety program to reduce the number of privately-owned weapons, on the election
of the taxpayer there shall be allowed as a credit against the tax imposed by this chapter an amount equal to $2,000.

Rob Varnon