Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

dpd3672

(82 posts)

8. My point was just that fair market value is fluid, and enacting this program would cause

Reply to jmg257 (Reply #5)

Tue Nov 7, 2017, 12:56 PM

Nov 2017

FMV to skyrocket, exponentially. Ie, what’s worth $1000 today could be worth $10,000, $20,000, or more as the program was rolled out. Gun owners are aware of this, as is evidenced by their “stockpiling” guns or ammo they suspect will be regulated.

Not sure if making millionaires out of political opponents is the unintended consequence you’re looking for.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

11 replies

= new reply since forum marked as read

Highlight:

$30 Billion to buy back 300,000,000 guns at 1000 USD per gun--if my math is correct [View all] librechik Nov 2017 OP

What was the annual medical amount for gun violence? A few Billion iirc Lars39 Nov 2017 #1

300 billion. Not 30 Takket Nov 2017 #2

Thanks. Still less than the F35. librechik Nov 2017 #4

The premise assumes 100% participation dpd3672 Nov 2017 #3

How much would they be worth if they were illegal to own? Assuming that is part of the Plan... jmg257 Nov 2017 #6

I just picked $1000 at random. AU used fair market value to compensate. librechik Nov 2017 #7

Amazing how accounts just spring up to claim that nothing can be done. Thor_MN Nov 2017 #9

military style automatics and semi-automatics weapons were banned in the NFA. So yes librechik Nov 2017 #11

Shoot - I'd take $1000 per...except for the M1s. jmg257 Nov 2017 #5

My point was just that fair market value is fluid, and enacting this program would cause dpd3672 Nov 2017 #8

My point is that value would plummet if they werei jmg257 Nov 2017 #10