Charles W Cooke has worked out how useful such things (in this particular case, a 125% reimbursement of market value) are with admirable speed: “Were I so minded, I’d just use the money on the debit card to pay for the things I have to buy anyway, and then buy all my guns back with the money in my bank account that I hadn’t had to spend.” …Yup, that’s how it works. With the extra wrinkle that ‘market value’ is a flexible concept, given that the gun control people desperately need to buy back as many guns as possible for propaganda purposes.
So you take your worn-out guns, get new-gun prices for them, get an extra 25% off of that, and use the money to buy new guns and more ammo. This happens all the time when they do buybacks. You can even talk about it in public, because, well, the Left doesn’t let its smart people go fight in the gun control arena…
DRINKING THEIR OWN INK BY THE BARREL FULL: Democrats Introduce Bill to Buy Me Some Brand New Guns….