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Saturday, October 05, 2013

YOU HAVE TO READ THIS!! IT'S A MUST!!

Medical Excise Tax on Retail Receipts. This is amazing.
Attached 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.

6 comments:

Anonymous said...

wait until you sell your home...lol there is so much more that awaits the clueless citizens of America. Obama and the dems pulled this off to a sleeping citizenry. so sad; but maybe not too late.

stand behind the true conservative republicans and do what you can to stop this hideous law. the "house" holds the purse strings as stated in our constitution. don't let the lapdog media and the liberals fool you. we may be able to win.

Anonymous said...

BS.map

Anonymous said...

What exactly type of "Medical Devices" is Cabelas selling that requires them to pay this tax?

This is BS.

The receipt is clipped at the product description.

lmclain said...

And what "medical devices" does Cabela's sell?

Anonymous said...

have you seen the new tax on your cell phone bill? you can say B.S. till the cows come home, but to the clueless on this blog, you are in for a rude awakening...

Anonymous said...

i guess your medical devices can be bought from a camping and hunting store...