New York State Pays Gun Companies Over $6 Million in Taxpayer Money

Publish date:
Social count:

The Remington Arms Company and Kimber Manufacturing, who oppose a New York state bullet microstamping bill, received more than $6 million in taxpayer funds from the state of New York, reports the NY Daily News.

The economic development grants were obtained via a Freedom of Information Law request by the organization New Yorkers Against Gun Violence.

New York Governor Andrew Cuomo, New York City Mayor Michael Bloomberg and police associations support the micro-stamping bill, but the Remington Arms Company threatened to leave, with its 1,000 jobs, the state, if the proposal became law.

The bill would simply require bullet casings to carry unique markings, which could identify the shooter.

Kimber Manufacturing claims that micro-stamping would mean higher production costs and  jeopardize 185 jobs.

New Yorkers Against Gun Violence Executive Director Jackie Hilly slammed the corporate welfare: “Giving millions of dollars of taxpayer money to the gun industry in sweetheart deals while thousands of innocent New Yorkers die each year by guns cannot be justified."


Popular Video