Hunting critters...

An analysis conducted by Southwick Associates and Andrew Loftus Consulting for the Association of Fish and Wildlife Agencies found that federal excise taxes collected on the sale of hunting and shooting equipment represented an approximate 1,100 percent annual return on investment (ROI) to manufacturers between 1970 to 2006 and taxes collected on sport fishing equipment generated a striking annual ROI of 2,157 percent between 1955 and 2006.

On average, the hunting- and shooting sports-related industry paid $251 million in excise taxes, but made $3.1 billion in revenue through sportsmen purchases each year from 1970 to 2006. From 1955 to 2006, the sport fishing industry on average contributed $110 million in annual tax payments/import duties, but generated $2.3 billion in annual taxable equipment sales.

The excise taxes are collected quarterly from outdoor industry manufacturers and importers for sales on items such as fishing lures, rods and reels, firearms, ammunition and other products. Hunting-, shooting- and fishing-related taxes are collected under the Federal Aid in Wildlife Restoration Act and Sport Fish Restoration Act respectively.

“Outdoor activities like hunting and fishing have shaped who we are as Americans and they are important traditions that must be preserved. In order to do so, conservation and wildlife management must be among our top priorities as sportsmen and women,” said Congressional Sportsmen’s Caucus Co-Chair U.S. Congressman Mike Ross, D-Ark. “The revenue from these excise taxes helps fund conservation and wildlife management efforts in a fiscally responsible way. Ultimately, the value and opportunities created by improved habitat and more robust fish and wildlife populations bring more sportsmen and women into the fold, which in turn spurs more revenue and keeps the cycle of investment strong.”