NEVER TOLERATE TYRANNY!....Conservative voices from the GRASSROOTS.
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Unbelievable!!! What is next???
This is an image of a sales receipt from Cabela's, a popular sporting goods storewith almost 50 locations throughout the US.
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 hideit and are showing it as a separate line item tax on their receipts, the email states.I did some research and found directly from the IRS's website information that PROVES this to be trueand an accurate portrayal of something hidden in Obamacare 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 devicesby 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 http://www.irs.gov/publications/p510/ch05.htmlSo 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 taxesApplies 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; andVaccines.I NEVER KNEW THAT A TIRE IS A MEDICAL DEVICE.I think we have definitely been fooled, if we believe that the Affordable Care Actis all about health care. It truly does appear to be nothing more than a bill laden witha whole lot of taxes that we the people have yet to be aware of.Please pass this on. I am still incredulous that this can go on. Where is our press? I guess it’s justlike Nancy Pelosi said…….“We have to pass it to see what is in it. What is next?
Comment
It is a bit of confiscation of the public. Any thing that they can tax Heavy.
UN believable!
Is THIS the only part of the 2700 page long bill that the supreme court read?
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