It will drive sales away from Outdoor Emporium and Precise Shooter, as they are probably the two most prominent gun dealers in Seattle. Dealers operate on pretty thin margins, so I think it is fairly likely that they move out of Seattle proper.

It is $25 per firearm. Passing that onto the consumers directly would wipe out 61% of the net income before tax of one of the gun shops I bank. We sat down and did the math.

Unfortunately for the Seattle shops there are a number of shops across that city limit boundary not subject to this taxation.