c/p
Obama Care Even Taxes my fishing pole???
Cabela's. It is true. Consumers were not to know, now they do
This is another example of how our current administration is intentionally deceiving the public in order to gain more tax revenues using the “Affordable health Care Act (Obamacare)†Know this government administration for what is really is.
Medical Excise Tax on Retail Receipts Show How We’re Screwed by Obamacare, page 1
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Topic started on 30-1-2013 @ 06:18 PM by seeker1963
An Infowars reader sent along an image of a sales receipt from Cabela’s, a popular sporting goods store.
The receipt (pictured at left) spells out what Obama and the feds want to keep secret – the middle class is being heavily taxed despite all the fatuous rhetoric of Democrats who invariably play the class warfare card to sell their confiscatory taxation policies.
“The 2.3% Medical Excise Tax that began on January 1st is supposed to be ‘hidden’ from the consumer, but it’s been brought to the public’s attention by hunting and fishing store Cabela’s who have refused to hide it and are showing it as a separate line item tax on their receipts,†the email states.
Source
Q1. What is the medical device excise tax?
A1. Section 4191 of the Internal Revenue Code imposes an excise tax on the sale of certain medical devices by the manufacturer or importer of the device.
Q2. When does the tax go into effect?
A2. The tax applies to sales of taxable medical devices after Dec. 31, 2012.
Q3. How much is the tax?
A3. The tax is 2.3 percent of the sale price of the taxable medical device. See Chapter 5 of IRS Publication 510, Excise Taxes, and Notice 2012-77 for additional information on the determination of sale price.
IRS.gov So being more curious I clicked on "Chapter 5 of IRS Publication 510" And WALLAH! What do I find under "MEDICAL DEVICES" under "MANUFACTURERS TAXES"?
Manufacturers Taxes
The following discussion of manufacturers taxes applies to the tax on:
Sport fishing equipment;
Fishing rods and fishing poles;
Electric outboard motors;
Fishing tackle boxes;
Bows, quivers, broadheads, and points;
Arrow shafts;
Coal;
Taxable tires;
Gas guzzler automobiles; and
Vaccines.
IRS.gov I think we have definately been fooled, if we believe that the Affordable Care Act is all about healthcare. It truely does appear to be nothing more than a bill laden with a whole lot of taxes that we thepeople have yet to be aware of!