00:00 California doubles the tax on guns and ammunition. California Governor Gavin Newsom has signed
00:05 two new laws that will double the taxes on guns and ammunition as well as ban people
00:10 from carrying guns in nearly all public places. Newsom said the money raised from the tax
00:16 hike will pay for more security at public schools and violence prevention programs.
00:21 The federal government already taxes the sale of guns and ammunition by up to 11 percent.
00:27 Newsom's law will slap an additional 11 percent on those sales. "I think this is a pretty
00:33 modest investment in prevention and reducing those costs ultimately. The carnage, it's
00:38 too much. We can't normalize it, we can't accept it. This is a small price to pay,"
00:44 he said.
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