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.
<http://irs.gov/> IRS.gov Chapter Five <http://www.irs.gov/publications/p510/ch05.html>
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.
<http://www.irs.gov/pub/irs-pdf/p510.pdf>
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!
God help us.
The intent of this publication is to help Lake Ashton Residents in their ability to discern fact from fabrication.
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This web site is not an official web site of the Lake Ashton HOA, CDD, Management, or the Lake Ashton community.
The purpose of this site is to fill the gap left when, on 27 January 2011, the Lake Ashton Living website took down the resident discussion areas, that, until that time, afford this outlet and venue for it residents.
If a negative statement is made against an individual etc, it MUST be supported by public and official documentation. If, however, a posting is just an attempt to marginalize, slander or otherwise attack the HOA, CDD, Management or individuals, then such posts will be deleted.
This web site does not assume responsibility for articles written or posted at this site.
The purpose of this site is to fill the gap left when, on 27 January 2011, the Lake Ashton Living website took down the resident discussion areas, that, until that time, afford this outlet and venue for it residents.
If a negative statement is made against an individual etc, it MUST be supported by public and official documentation. If, however, a posting is just an attempt to marginalize, slander or otherwise attack the HOA, CDD, Management or individuals, then such posts will be deleted.
This web site does not assume responsibility for articles written or posted at this site.
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