The Freedom from Taxes Act of 2026 would eliminate federal taxes imposed on certain firearms regulated under the National Firearms Act, which includes items like suppressors, short-barreled rifles, and machine guns. Specifically, the bill eliminates the $200 transfer tax that applies when these weapons are sold or transferred, the $200 tax for manufacturing these items, and the special occupational tax paid by firearms dealers. These changes would take effect 90 days after the bill becomes law. The legislation affects gun manufacturers, dealers, and individuals who own or seek to purchase firearms covered by the National Firearms Act, potentially making these weapons more accessible by removing significant federal tax barriers that have been in place since 1934.
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