Sure it does. Price goes up, sales go down.
I already have my gun, why would the price go up?
Nothing in my plan does one thing to affect firearms that have already been purchased unless they are used in a crime. If you have 3 guns, 30 guns, 300 guns or 3,000 guns on hand and you're a private individual, you needn't purchase anything new except ammo when you run out.
Now if you wanted to sell the gun to someone, they would have to acquire an insurance policy and so on and so fourth.
The insurance is for the victim.
The victim gets $1000? Big deal.
As stated, the device is not really an insurance policy; it acts more like a convertible annuity at this point. If the gun is used in a crime, the system could be set up to where they would receive more since there is a State match going on.
The only thing they receive now is a bill for a funeral (likely on top of a medical bill). So "big deal" is exactly that in some cases.
I love the callusness of the gun crazies; it highlights who has society's best interest at heart and who is just out for themselves.
It also makes the theft a gun crime in addition to the use of the weapon to shoot someone.
It's already against the law to steal a gun and shoot someone.
We all know that State crimes are ineffective due to paroles, probation, good behavior, etc... Federal boys don't play that way. Being 7 states away to where you see nobody from da hood for 10 years is probably a good thing. Now that will change as Fed pens fill up. You're likely to see someone from the old neighborhood. But the old "all the comforts of home" bullshit has to stop. I also think that once we stop incarcerating people for smoking tree and frankly "grow up" as a nation, you'll see more room in the prisons and more robust prosecutions of those who deserve it.
I suggest you ask someone with a State pension what their contributions are matched at. Mine was 225% back at Harris County Texas.
The gun owner is not an employee. The state is not going to match his "bond" based on a Federal law. Do you think a broke state, like Illinois, has an extra $9000 to cough up after 10 years? Or even a state with a balanced budget?
This is a valid concern. There are budgetary pressures that can't be ignored. Smaller population states (those that do not have the same pension commitments) may have to carry the water for a while on this.
But if you wish to make the term longer--lets say 20 years or make the cap $7,500 or $5K in 10 that is still a 13% return if you did the math right--that's cool.
Nope. A 13% return for 10 years only gets you to about $3400.
Well, you brought up 26%; I didn't put pen to paper on it.