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Rhode Island Wants Your Guns and Your Money

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As I wrote to you last week Rhode Island wants your guns. WPRI wrote of the battle over the Second Amendment in Rhode Island:

As state lawmakers take up a slew of gun-related bills, supporters on both sides of the issue descended upon the State House to make their voices heard.

Among the several bills that the House Judiciary Committee will look at is a measure that would raise the legal age for purchasing a gun from 18 to 21.

The Committee is also hearing testimony on a bill that would prohibit the sale and possession of a feeding device holding more than 10 rounds and bans on assault rifles and 3D-printed guns.

Supporters and opponents of the bills showed up in droves at the State House ahead of the hearing Tuesday night.

“It’s not a complete ban on any type of assault weapon because people who already own them will be grandfathered in,” David Leach of Providence said. “So it just reduces the number and access of what essentially is a dangerous item.”

“This is all based on sporting, it’s why we use these rifles,” Second Amendment supporter William Worthy said. “So a lot of us compete with these rifles and that’s why we have large capacity, so that we can do what we’re doing on the ranges and inside the ranges because we’re competing and we need round counts in order to compete. You know, we’re good people, we’re not here to let anybody get hurt.”

Also being considered is an enhancement of penalties for those who fail to report a lost or stolen firearm.

And they want your money too. Recently the Newport city council proposed an additional conveyance tax of up to 2% on the sale price for homes. This is an additional  tax on the sale of every home in Newport (there’s already one in place on the seller) that will be the responsibility of the buyer.

Originally posted on Your Survival Guy. 

 

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.
E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.