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Hooray for Cabela's
#9021187
06/10/13 09:42 PM
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Joined: Feb 2010
Posts: 12,120
shut-up-and-fish
OP
TFF Guru
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OP
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Joined: Feb 2010
Posts: 12,120 |
No wonder the Supreme Court called it a tax and therefore legal. YA GOTTA READ THIS!! -ITS A MUST! Medical Excise Tax on Retail Receipts 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. Please pass this on . I am still incredulous that this can go on .Where is our press ? I guess its 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 governmentall of them!!!!!!
www.shut-up-and-fish.comFrom *Sales, *Installation Services, and *On the shop floor Education & Instructional Tips We have you covered here @ shut-up-and-fish for all of your Humminbird, Lowrance, Garmin, Minn Kota & Motorguide needs plus much more - Call Now 972 822 9285
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021215
06/10/13 09:49 PM
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Joined: Mar 2010
Posts: 3,061
D.D.R.
TFF Team Angler
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TFF Team Angler
Joined: Mar 2010
Posts: 3,061 |
Merica
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021266
06/10/13 10:07 PM
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Joined: Sep 2011
Posts: 1,591
Buzzard Breath
Extreme Angler
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Extreme Angler
Joined: Sep 2011
Posts: 1,591 |
well, I can see Coal being in there; I eat it to cure heartburn.
DON'T LITTER!
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021287
06/10/13 10:15 PM
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Joined: Mar 2013
Posts: 9,169
Lee in Texas
TFF Celebrity
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TFF Celebrity
Joined: Mar 2013
Posts: 9,169 |
ah, I purchased a Hummingbird fish finder and Hotmaps chip on 04/05/2013 and my receipts don't show that??? I do show general sales tax and use(use ???) The purchase was for $999.98 so the tax was $82.50. The sales tax rate for me here in Azle is .0825 with nothing showing up as 'medical excise tax' and my tax was indeed only the required $82.50 so, I don't think this story is entirely true... just my 2 cents...
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021291
06/10/13 10:18 PM
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Joined: Jun 2012
Posts: 12,221
sdavis24
TFF Guru
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Joined: Jun 2012
Posts: 12,221 |
I think this is a hoax, its been floating around for awhile, and made several appearnaces on this forum.
Last edited by sdavis24; 06/10/13 10:18 PM. Reason: spelling
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021331
06/10/13 10:31 PM
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Joined: Feb 2010
Posts: 12,120
shut-up-and-fish
OP
TFF Guru
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OP
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Joined: Feb 2010
Posts: 12,120 |
Yea not sure how true it to be. Received it as an email and thought I would pass it on. It was on the internet so it must be true.....
Maybe it is a marketing ploy as I want to go buy something now just to see if it is on there.
www.shut-up-and-fish.comFrom *Sales, *Installation Services, and *On the shop floor Education & Instructional Tips We have you covered here @ shut-up-and-fish for all of your Humminbird, Lowrance, Garmin, Minn Kota & Motorguide needs plus much more - Call Now 972 822 9285
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9021365
06/10/13 10:45 PM
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Joined: Mar 2013
Posts: 9,169
Lee in Texas
TFF Celebrity
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TFF Celebrity
Joined: Mar 2013
Posts: 9,169 |
Yea not sure how true it to be. Received it as an email and thought I would pass it on. It was on the internet so it must be true.....
Maybe it is a marketing ploy as I want to go buy something now just to see if it is on there.
LOL, yep, on the 'ninernet' so has to be true....my wife gives me the dickens all the time for things I read on the net... I was wondering about that as I watch your posts and your usually spot on correct about things here.... again, my 2 cents
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9025957
06/12/13 03:34 AM
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Joined: Feb 2010
Posts: 12,120
shut-up-and-fish
OP
TFF Guru
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OP
TFF Guru
Joined: Feb 2010
Posts: 12,120 |
As much as I hate it I knew there was some truth to it....
www.shut-up-and-fish.comFrom *Sales, *Installation Services, and *On the shop floor Education & Instructional Tips We have you covered here @ shut-up-and-fish for all of your Humminbird, Lowrance, Garmin, Minn Kota & Motorguide needs plus much more - Call Now 972 822 9285
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9026057
06/12/13 04:17 AM
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Joined: May 2006
Posts: 6,656
Kerry Dugan
TFF Celebrity
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TFF Celebrity
Joined: May 2006
Posts: 6,656 |
It is not a "hoax" or internet BS, i have a friend that is high up in the cabela's food chain, it's all legit, but when cabela seperated the "tax" charges and it went public, they actually had a phone call and was informed to stop seperating the "tax" as of right now or they would be penalized for non compliance
Long story short...It's now "forceably" hid from the public and added into the cost of products, but of course passed along to the consumer
Reel Thrill’s Guide Service Hybrid Striped Bass White Bass Richland Chambers Lake 469-891-1323
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9026546
06/12/13 01:28 PM
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Joined: Jan 2008
Posts: 1,309
Pope1
Extreme Angler
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Extreme Angler
Joined: Jan 2008
Posts: 1,309 |
Bought a new rod last week. Only the normal .0825 tax applied. This is lore.
Pope
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Re: Hooray for Cabela's
[Re: shut-up-and-fish]
#9027207
06/12/13 04:50 PM
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Joined: Mar 2010
Posts: 25,916
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,916 |
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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