Joe Biden and running mate Kamala Harris want to take a wide variety of guns away from Americans. (See DNC Platform.) That may prove difficult because Americans own over 393 millions guns according to a recent story. With 393,300,000 firearms in the hands of Americans, that means that there are more guns than people in the USA.

Biden Buy-Back? What could it really cost?
If the Democrats want to confiscate even 10% of firearms with a $500 average buy-back per gun, that could cost nearly $20 BILLION dollars.

Here’s the math for 10% of total guns: 39,300,000 x $500 buyback = $19,650,000,000.00

Where do these numbers come from? This 393 million number comes from the Switzerland-based Small Arms Survey. While the USA has roughly 4% of the world’s population, we have nearly 40% of civilian-owned guns on the planet, “ranking the U.S. number one in firearms per capita” (source: WAMU.org. According to the NSSF and Gallup polls there are about 105 to 110 million gun owners in America.

Chart by Ali Zifan, Creative Commons License.

Referring to that same SAS survey, Forbes Magazine noted: “The United States has more guns than people and the research estimates that it had a grand total of 393,300,000 civilian-owned firearms in 2017 — 120.5 for every 100 residents. So how does that compare to other countries? India has a population of 1.35 billion and it comes a very distant second in the gun-ownership league with an estimated 71.1 million weapons. China, the world’s most populous country, comes third with 49.7 million. Pakistan is in fourth place with 43.9 million civilian-owned guns while Russia rounds off the top-five with 17.6 million.”