obama medical tax on hunting and fishing equipment

General Fishing Discussion
1

This should get your blood boiling. Click on the sportfishing section.

http://www.irs.gov/publications/p510/ch05.html#en_US_2013_publink1000117228

2

This is the same excise tax that we have had for as long as I can remember and has nothing to do with Obama. The tax is buried the price…the manufacturer pays the tax to the government. When I was building custom rods as a business I had to keep track of my sales and pay quarterly. At least a part of the tax is supposedly used to fund improvements to fishing access, etc.

Iain Pelto
Sea Hunt Triton 160 w/ 90 ETEC “JB3”
Native Manta Ray 14

3

X2 on Hairball’s input. What (to me) is twisted about this excise tax is that it is tacked on the first point on sale. Meaning, imported rods, reels, and tackle are taxed when they are imported rather than when they are sold wholesale like goods manufactured in the good ol’ USA. In other words, manufacturer’s pay 300-1000 percent higher (on average) excise tax fees when they produce products here than goods brought in from over-seas. Head-scratcher!

quote:
Originally posted by hairball

This is the same excise tax that we have had for as long as I can remember and has nothing to do with Obama. The tax is buried the price…the manufacturer pays the tax to the government. When I was building custom rods as a business I had to keep track of my sales and pay quarterly. At least a part of the tax is supposedly used to fund improvements to fishing access, etc.

Iain Pelto
Sea Hunt Triton 160 w/ 90 ETEC “JB3”
Native Manta Ray 14

4

Been around since 1950. See links below for more info.

http://library.fws.gov/Pubs9/sportsfish.pdf

http://www.fws.gov/laws/lawsdigest/fasport.html

Sea Hunt 207CC,Yam 150
www.abfishcharters.com

5
quote:
Originally posted by RADDADDY In other words, manufacturer's pay 300-1000 percent higher (on average) excise tax fees when they produce products here than goods brought in from over-seas. Head-scratcher!
quote:
Originally posted by hairball

And folks wonder why unemployment is so high.

  • I’d rather be a free man in my grave than living as a puppet or a slave.

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6

I appreciate the input on this. A friend sent this to me with a supposed photocopy of a sales receipt from Cabela’s, which I now believe to be a fake, that shows a medical tax on a separate line from the sales tax.

I’d rather fish than eat.

A gun in the hand is better than a cop on the phone.

In God We Trust

7

I believe that Cabela’ misunderstod the law and charged the tax for a short period of time. This has since been discontinued to the best of my knowledge.

8

with a supposed photocopy of a sales receipt from Cabela’s

Happened with a software update on Jan 1, 2013</font id=“size3”>, supposedly quickly caught and fixed. The law quotations racing around the internet were quite humorous, even though totally fictitious … :wink: