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  • A line drawn in 1934. Erased in January

A line drawn in 1934. Erased in January

Ninety-two years of friction. Erased in one bill.

One Number
One Number

May 11, 2026

One Number — May 11, 2026 — Part 1
MAY 11, 2026 ONE NUMBER
130.3%
JUMP IN NFA BACKGROUND CHECKS, APR 2025 → APR 2026
THE $200 FEDERAL TAX STAMP HIT $0 IN JANUARY
One Number — May 11, 2026 — Part 2
PROPERTY & RIGHTS • SECOND AMENDMENT

For ninety-two years, owning a suppressor in America meant writing a check to the federal government. Two hundred dollars. Every time. The tax was signed into law by FDR in 1934 to make sure regular people couldn’t afford one — and for a long time, it worked. Then in July, the One Big Beautiful Bill wiped it out. As of January, the stamp costs nothing. You still need the background check, the fingerprints, the paperwork. But the price tag Roosevelt slapped on it? Gone. The market noticed immediately.

Last month alone, 190,086 Americans filed paperwork to buy suppressors and short-barreled rifles — more than double the same month a year ago.

Source: NSSF (National Shooting Sports Foundation) monthly NICS report, April 2026; NFA Form 1 & Form 4 check data

One number. Every morning.

— Jack Corbin

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