View Single Post
  #11   Report Post  
Posted to rec.crafts.metalworking
[email protected] pdrahn@coinet.com is offline
external usenet poster
 
Posts: 362
Default Bailout of wooden arrows

On Oct 2, 11:46*am, Ignoramus23721 ignoramus23...@NOSPAM.
23721.invalid wrote:
I feel very fortunate that the 700 billion bailout will save the
wooden arrows manufacturers 200,000 per year.


Iggy.
Every sporting item you have ever purchased new has had a Federal
excise tax attached to the price. The manufacturer pays it, but passes
it on to the consumer. Every gun, fishing pole, fishing lure, every
piece of ammo, has had an excise tax that you paid. The tax is
supposed to pay for fish and game management and enhancement. At some
time, some politician thought the wooden arrow users should also help
support fish and game.

The manufacturer of the wooden arrows can now lower the price and
compete with the Chinese wooden arrows. The importer still has to pay
the tax on their arrows from China.

Paul