ObamaCare Tax on Fishing Gear

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PapaJohn454
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ObamaCare Tax on Fishing Gear

Postby PapaJohn454 » Wed Jun 26, 2013 6:28 pm

Came across the following on another site:

"Obamacare "Hidden 2.3%" Medical Excise Tax began on January 1st for sport fishing equipment
This was in my email this morning. Bet you did not know this!

Hooray for Cabela's

YA GOTTA READ THIS!! -ITS A MUST!
Medical Excise Tax on Retail Receipts

This is an image of a sales receipt from Cabela's, a popular sporting goods store.

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.

I did some research and found directly from the IRS's website information that PROVES this to be true and an accurate portrayal of something hidden in Obama care that I was not aware of! Now being skeptical of this I went to the IRS website and found this!

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 Chapter Five [link to http://www.irs.gov]

So being more curious I clicked on "Chapter 5 of IRS Publication 510."

And what do I find under "MEDICAL DEVICES" under

"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, broad heads, and points;

Arrow shafts;

Coal;

Taxable tires;

Gas guzzler automobiles; and

Vaccines.

IRS.gov I think we have definitely been fooled, if we believe that the Affordable Care Act is all about health care. It truly does appear to be nothing more than a bill laden with a whole lot of taxes that we the people
have yet to be aware of.


"
PapaJohn
"For God so loved the world that he gave his only begotten son, Jesus, that whosoever believeth in him shall not perish, but have everlasting life." John 3:16

Jeff C.
Posts: 498
Joined: Mon May 23, 2005 12:03 pm

Re: ObamaCare Tax on Fishing Gear

Postby Jeff C. » Tue Jul 23, 2013 10:38 pm

LOL! Why are Conservatives so gullible? :lol:

Let me guess, you also believe in death panels, that our Great President is an illegal alien, and that climate change is a hoax led by the evil Al Gore.

:lol: :lol: :lol: :lol: :lol:

Oh well, if you weren't so gullible I guess no one would listen to Beck, Limbaugh, or Faux news!

http://www.snopes.com/politics/taxes/medicaldevice.asp

Skeeterman
Posts: 1967
Joined: Mon May 09, 2005 5:21 am
Location: Skeeterville CA.

Re: ObamaCare Tax on Fishing Gear

Postby Skeeterman » Wed Jul 24, 2013 10:16 am

Dam Jeff you nailed it everything you said about odumma and the other stuff is true and thank GOD for fox news other wise would really not know the truth of what is going on out their because as you see and hear odumma is one big LIE.

Rod Martin
Posts: 2594
Joined: Sat May 07, 2005 6:31 pm
Location: Holiday,Fl.

Re: ObamaCare Tax on Fishing Gear

Postby Rod Martin » Sun Jul 28, 2013 8:43 am

Jeff C. wrote:LOL! Why are Conservatives so gullible? :lol:

Let me guess, you also believe in death panels, that our Great President is an illegal alien, and that climate change is a hoax led by the evil Al Gore.

:lol: :lol: :lol: :lol: :lol:

Oh well, if you weren't so gullible I guess no one would listen to Beck, Limbaugh, or Faux news!

http://www.snopes.com/politics/taxes/medicaldevice.asp


Out of all the posts. This is the one I thought you would post on :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
TR177 Ranger Mercury/MK


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