Part 2 – Subsidies and Tax Breaks: What You Don’t Hear About In The Debate Over Guns.

In the wake of the Sandy Hook Tragedy, an ardent debate about gun laws is taking place throughout the country. These debates are interesting for what they don’t mention: the economics of the gun industry itself and its subsidization by through various tax credits, direct spending, and legal forbearance. Part II of our series on the gun issues not discussed concludes with Professor Kenneth Thomas of the University of Missouri in Saint Louis. Professor Thomas talks with Peter Hoffman of the National Lawyers Guild about tax subsidization of the gun industry, its ineffectiveness, and potential solutions, including divestment strategies already undertaken by a number of US cities.