David Codrea: What Hollis won’t do, if the suit prevails, is rescind the National Firearms Act of 1934, including registration and transfer tax requirements. What it would do is invalidate the absurd prohibition that says you can own a machine gun made before May 19, 1986, but if you possess an identical firearm made after that arbitrary date, you’ll be a felon in for a world of hurt. And the other thing it would do is create all kind so interesting market repercussions that have kept the prices of pre-’86 machine guns at artificially inflated (and then some) prices.
To anyone capable …read more
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