Exactly, with the proper permits you can own rocket launchers...That's extremely different than a Semi Auto Rifle though...Rocket launchers serve one purpose. Blowing up Armor or hard Structures... AR-15's are used for all sorts of things however. Target shooting, 3 gun, steel silhouette matches, firearms classes, etc. There also used for Personal defense and Hunting. Yes, Hunting. I'm tired of hearing all these know it all Libtards saying no one hunts with a "Assault Rifle". Well, the idiots that say that obviously don't know what the fck there talking about. I know tons of people including myself that hunt with a AR-15. Its not often since i archery hunt. However, when i rifle hunt i usually use my Custom AR with a Match Grade 24 inch SS barrel chambered in .308. Sure the "Hunting" AR's look different, they arent all tacticooled out, they are still AR-15s.
Hell, I have a buddy who has taken a few animals with his Dragunuv SVD and SKS. An AR-15 chambered in .223/5.56 is great for small game up to Coyotes/Hogs. 6.5 Grendel and 6.8 SPC for Deer sized game and .308, .450 Bushmaster and .458 Socom for Elk/Bear/etc...
My Uncle has been hunting exclusively the last few years with a Custom AR chambered in .308 and has taken everything from Coyote to Bear with it. AR's specifically are dam accurate with match grade barrels. I know that the groups fired from my .308 AR is almost as good as the ones fired from my bolt action .300 WM. The AR was cheaper to build aswell, which for allot of guys is the reason they go with the Semi Auto platform instead of a custom or super nice bolt gun... Plus a Semi Auto AR chambered in .308 would be the first rifle id grab if SHTF. Alot of people share that same thought... There accurate, ammo is extremely common for USA, NATO and its Allies and it packs a hell of a punch against humans/Animals.
Regardless, the 2nd Amendment has nothing to do with hunting... It's about the right of the people to protect themselves from a Tyranical Government whether Foreign or Domestic. You should know that Illahee or "ChoadiusMaximus". You Swore on Oath to protect the Constitution of the United States. "Thanks for your service". However, that doesn't mean I'm not going to call you out for being a idiot though.
The Government has true "Assault rifles". Civilians do NOT; Especially in WA State. Assault Rifles like the Military's M4 Carbine are Selective fire usually with a 14.5 in barrel. There Full auto, Tri Burst and Semi Automatic. Most of us Civilians are limited to 16 inch or longer Semi Auto platforms unless you live in a state that allows Full Auto/SBR's. IF you are fortunate enough to live in one of those states, be prepared to pay an arm and a leg and be harassed with tons of paperwork/permits. The Media calls any black "scary" Semi Auto Rifle a "Assault Rifle". There extremely misinformed aswell as millions of other dipchits that believe there Liberal gun hating propaganda.

There should be reasonable regulations. Tougher background checks, keeping firearms out of the hands of the mentally ill, getting rid of Gun Free Zones, putting cops or giving "trained" teachers the ability to protect themselves/kids and adopting a National Carry Permit.
Banning Semi Auto Rifles is not the answer though...The 94 ban did little to nothing and rifles are used in very little crime. Just because a few batchit crazy people decide to go nuts and shoot up a school with one, that doesn't mean we should ban them from law abiding, honest citizens. There are tens of millions of Americans with AR's/AK's/Mini 14s, etc that shot NO one. We need mental health reform. Not some stupid ass AWB that does nothing! Criminals will still have them and the insane will just get one off the streets or use a pistol or semi auto shotgun.

Also, "high capacity magazines". If a politician/news anchor actually shot or knew anything, they'd know you can change mags in under 2 seconds no problem and you can carry a huge amount of 10 rounders on your person, and even more stuffed into a burlap sack, etc. If i am ever in a self defense situation, I want the most rounds available that i can get! Especially if there are multiple threats... In all of the firearm classes I've taken, I/nor ANYONE has ever said "Man i wish i had LESS rounds". More rounds is always better!