NSSF: How Industry Benefits from Firearm and Ammunition Excise Tax Payments

NSSF Announces How Industry Benefits from Firearm and Ammunition Excise Tax Payments
With support from an AFWA grant, new study reveals
long-term value to industry and firearm owners alike
NEWTOWN, Conn. – Each year firearm and ammunition manufacturers pay millions of dollars in excise taxes into the Wildlife and Sport Fish Restoration (WSFR) program that result in long-term benefits to industry, target shooters and hunters. A new study, announced by the National Shooting Sports Foundation, reveals how these payments—some $792 million in 2020 alone—provide not only bedrock funding for enjoyment of the shooting sports but also a major return on investment for industry.
With support from a grant awarded by the Association of Fish and Wildlife Agencies’ (AFWA) Multistate Conservation Grant program, a new report titled “Benefits & ROI of Wildlife & Sport Fish Restoration Funds” highlights for industry leaders the financial returns their businesses receive from investing in the WSFR program. Read more