House-Passed One, Big, Beautiful Bill Act Includes Removal of $200 Tax Stamp on Suppressors

House-Passed One, Big, Beautiful Bill Act Includes Removal of $200 Tax Stamp on Suppressors

On May 22nd, the House passed its version of the One Big Beautiful Bill Act (OBBBA). The legislation includes a long overdue provision to remove the burdensome tax stamp on firearm suppressors. Specifically, this bill would eliminate the $200 excise tax on suppressors. This tax originated from the National Firearms Act of 1934 and has remained unchanged since. Under the OBBBA, suppressors would be taxed at 10 percent, the same level as ordinary …

How The One, Big, Beautiful Bill proposes to change the gift and estate tax exemption | Hoberman & Lesser

The Tax Cuts and Jobs Act (TCJA) effectively doubled the unified federal gift and estate tax exemption — and annual inflation adjustments have boosted it even further. For individuals who make gifts or die in 2025, the exemption amount is $13.99 million ($27.98 million for married couples). Under the TCJA, the exemption amount is scheduled to revert