And other sporting goods sold by the store, regardless of whether or not they are directly "firearms related." You could buy a 24 gun safe for $2000.00 (or a duck hide building) and that would be reported as a firearm sale. If that store/merchant gets the firearm code, then all sales by that store/merchant will get tagged with it. Unless the store is able to implement multiple codes for different sales.It's here, ALL THREE credit card companies ARE going to start categorizing sales at gun shops!!!!!
It's NOT just guns but SALES AT GUN SHOPS, that's EVERYTHING they sell.
We are talking ammo, bullets, primers, mags, etc.
Don't rely on cash for the long term, however. Because that's also being tracked by the Govt. Perhaps even more so than these MCC codes.Time to revert to using cash at the LGS whenever possible. Most shops prefer it as well.
That will just lead to the proliferation of an underground "under the table" cash system like in many other countries. Two sets of books, which is NORMAL in many countries, including many European countries. It will lead to lower tax revenues. Big mistake.Don't rely on cash for the long term, however. Because that's also being tracked by the Govt. Perhaps even more so than these MCC codes.
I'd expect very soon for the govt. to put in regulations that require the banks/financial institutions to notify them when someone withdraws a large amount of cash.Perhaps, $600.00 or more. The danger there is having LE show up and confiscating that cash as a matter of "Civil Asset Forfeiture" before you get to buy what you want to buy. Remember, cash has been, historically, more associated with criminal purchases than having firearm sales categorized. The govt. will be all over big cash sales. And, if you withdraw, say $100.00 a week until you accumulate what you need, that could be perceived as a illegal "payment structure," in order to circumvent the reporting.
It's getting really bad, now.
87K divided over 10 years, or 8700 a year added, not all at once as some presume and got all up in arms over.I dunno, man. Maybe they'll borrow some of those 87,000 IRS agents....
The reality is that they're not going to comb through ALL the transactions as a matter of routine. It's creating a database that will be searchable for when they want to gather info on a particular person.87K divided over 10 years, or 8700 a year added, not all at once as some presume and got all up in arms over.
2800 armed street agents, add another 8700 agents to help them out. The numbers look more like this
86 transaction per agent per day or 10+ an hour or every 6 minutes per transaction. I know of NO federal employee who works anywhere near that hard day in and day out
post 7, "there's just going to be a database created with nary any resources to research through all purchases which makes this new regulation basically impotent."The reality is that they're not going to comb through ALL the transactions as a matter of routine. It's creating a database that will be searchable for when they want to gather info on a particular person.
That's my opinion, of course. Also, in reality... I'm going to keep doing what I've been doing. All legal.
I think That They May Have Been Doing this all along , Just Like Google selling information to Third Parties Etc .I Trust No One Online Or Electronically 'G'