Subject: Fwd: Fwd: The 2.3% Medical Excise Tax
AFTER
YOU VENT YOUR RAGE ON THE FIRST PART, PLEASE SCAN
DOWN AND SEE WHAT ELSE THAT HAS THIS NEW TAX ON IT...AND THE IRS
REFERENCES. DID'T I HEAR THE MAN SAY THAT THERE WERE NO NEW
TAXES----NOT ONE DIME! ?? THE FIRST DAY OF HIS ADMINISTRATION HE ADDED
$6.00 TO EVERY CARTON OF CIGARETTES.
Subject: The 2.3% Medical Excise Tax
This is one of the many hidden taxes within Obamacare Bill!! Disgusting!!
AMERICA - One Nation under God - Indivisible
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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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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!!!!!!
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