The Obama Administration’s campaign for stricter gun-control laws will substantially raise the price of firearms, leading economist and gun expert John Lott says.
“We see big taxes being put on people buying guns from every place from Colorado – the law that was just signed into effect yesterday – to Maryland and New Jersey,’’ Lott told Newsmax TV’s “The Steve Malzberg Show.’’
Story continues below.
“[With] licensing and other regulations . . . they’re just going to make gun ownership a lot more costly, and a lot of people are deciding to go and buy now before those taxes get in place.’’
Lott — author of the new book "At the Brink: Will Obama Push Us Over the Edge?" — also said he’s concerned about the administration’s interpretation of statistics on the effectiveness of background checks.
“You may remember the late Sen. Ted Kennedy. Five times he was on the ‘No Fly List.’ Five times you could say he was ‘initially denied’ being able to fly. He later flew but I assume the president would go and say, five times we stopped a terrorist from flying,’’ Lott said.
“Law abiding citizens, just like in Kennedy’s case, who happen to have a name similar to somebody who they do want to stop, are accidentally stopped.
“There’s a real cost to a way that we’re actually running this backgrounds check system and you go and expand and add in millions of more names, you’re just going to generate a lot of false positives. “Here’s the question: how many criminals are we stopping?’’
See the Steve Malzberg Show on Newsmax TV each weekday live by Clicking Here Now
You can listen to the Steve Malzberg Show each weekday live from 3-6 PM ET on SiriusXM 166.
© 2014 Newsmax. All rights reserved.