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· *VMBB Senior Chief Of Staff*
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22,952 Posts
Discussion Starter · #1 ·
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 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.
 

· Premium Member
Joined
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33,025 Posts
Some of us are aware of them, but there is nothing we can do about it.
 

· Premium Member
Joined
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10,323 Posts
This is a computer glitch that Cabellas had for a few hours on January 1st.
They fixed the computer glitch and refunded the tax to the few customers that had paid it; it never should have been charged on anything they sell, as it does not apply to any of their merchandise -

But a few receipts did get out that morning, and have been copied and dispersed as evidence of this tax -
 
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