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YOU HAVE TO READ
THIS!! IT'S A MUST!!
Medical Excise Tax on Retail
Receipts. This is amazing.
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 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.
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For communism to succeed, it must be sprung unsuspectingly on an ignorant public, so I am not surprised at the lengths these radicals are going to keep all those huge Obamacare taxes hidden from the very people who must pay it.
ReplyDeleteWheelchairs are hit with this tax along with many other medical gadgets needed to take care of one's medical requirements.
ReplyDeleteThat is what you get for voting for Obama.
Somehow fishing poles are considered medical devices for this tax. Like Pelosi said, we have to pass this bill so you can find out just are far the Democrats are going to stick it right up your a55!
ReplyDelete