IN GOD WE TRUST
God Bless our TROOPS!
Roger E. Smith
Subject: FW:
ANOTHER NEW TAX -- VERY IMPORTANT THAT YOU READ THIS
Subject: Fw:
ANOTHER NEW TAX -- VERY IMPORTANT THAT YOU READ THIS
GET
THIS TO EVERYONE YOU KNOW!
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,” the email
states.

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 Obamacare that I was
not aware of!
Now being sceptical 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
<http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions>
Chapter Five http://www.irs.gov/publications/p510/ch05.html
So being more curious I clicked on "Chapter 5 of IRS Publication
510" ! 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.I did not know that sporting and fishing equipment were
MEDICAL devices!!!!
IRS.gov
<http://www.irs.gov/pub/irs-pdf/p510.pdf>
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!