Wednesday, July 17, 2013

Cabelas: Refuse to Hide Medical Excise Tax on Receipts

This is  an image of a sales receipt from Cabela’s, a popular sporting goods store.
Cabellas recieptThe 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 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 http://www.irs.gov/publications/p510/ch05.html
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, broadheads, 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.
Please pass this on. I am still incredulous that this can go on . Where is our press? I guess it’s just like Nancy Pelosi said……. We have to pass it to see what is in it. What is next? What else is there we do not know about?  I am sick to death about our government……all of them!!!!!! This was an email sent to me, please pass this around and join my blog site to send a message to congress and the president, we are not going to take this anymore.
We have all been fooled by the leaders that were voted into office, they lied to us by omission. Do you want to revolt against the TAX MAN? Then we need to send a message to congress that we are on strike and will not pay any taxes this year. I am calling on everyone to refuse to pay your taxes this year.
 I for one have had enough, the IRS and congress lied, cheated, and stolen wealth from the very citizens they are suppose to protect and work for. It’s time they got notice; we are not going to fund a government that steals from the citizens to create a welfare state.

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