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I made fun, but someone I work with wants to see the entire excise tax on wooden arrows repealed (he participates in the SCA). From an article on bloomberg: "T
by ojbyrne 18y ago
I made fun, but someone I work with wants to see the entire excise tax on wooden arrows repealed (he participates in the SCA). From an article on bloomberg:
"The arrows provision seeks to reverse an anomaly in a 2004 law that created the 39 cent excise tax on the weapons. Intended the levy more expensive arrows, the tax also applies to arrows used by Boy Scouts and other youth organizations that cost about 30 cents a piece. Ten manufacturers in nine U.S. states stand to benefit from the change, according to a description of the legislation from Wyden's office. "
http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k&refer=us http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0...
- whatusername 18y agoThankyou for that! I had been imagining giant arrows made of plywood like you might see in an ad campaign (maybe like this one - http://farm2.static.flickr.com/1295/1250681839_5317382df8.jpg?v=0 http://farm2.static.flickr.com/1295/1250681839_5317382df8.jp... ) - and couldn't work it out. It all makes sense now.
- DanielBMarkham 18y agoI'm sure the Boy Scouts and their wooden arrows are an important issue, but what in the seven-and-a-half-names-for-God does this have to do with bailing out the mortgage industry? They should just have a reverse Christmas: build a giant Christmas tree and have each of the lawmakers come up and write down what they would like to see under it. Wooden arrows, AMT, raising the FDIC limit (which is actually relevant) Issues like fixing AMT are huge and have broad support. The only differences are whether to raise taxes or not. Guess what? No need to make that choice now, we'll just stick in a few billion to cover the difference for a while and still NOT fix the AMT, thereby managing to look like we've solved something while borrowing still more money than we can easily pay back.
- llimllib 18y ago> they should just have a reverse Christmas: build a giant Christmas tree and have each of the lawmakers come up and write down what they would like to see under it. Welcome to the omnibus spending bill! http://en.wikipedia.org/wiki/Omnibus_spending_bill http://en.wikipedia.org/wiki/Omnibus_spending_bill