Elizabeth Warren unveils gun control plan that pushes for higher taxes on firearms and bullets

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She wrote she would push for the following legislative steps:

Create a federal licensing system for the purchase of any type of gun or ammunition

Boost the excise tax on handguns to 30% from 10% and on ammunition to 50% from 11%

Establish a one-week waiting period for all gun purchases

Increase the minimum age to 21 for all gun sales

Prohibit anyone convicted of a hate crime from owning a gun

The plan is similar in some aspects to the sweeping proposal unveiled by Democratic rival Sen. Cory Booker in May.