NRA

UPDATED 22:58 PM EDT, October 18, 2012

Bullet Tax

CHICAGO (AP) — As Chicago struggles to quell gang violence that has contributed to a jump in homicides, a top elected official wants to tax the sale of every bullet and firearm — an effort that has national gun-rights advocates already considering a legal challenge.

Cook County Board President Toni Preckwinkle submitted a proposed budget on Thursday that would impose a tax of a nickel for each bullet and $25 for each firearm sold in the nation's second-largest county, which encompasses Chicago.