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Keyword: mdet

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  • Why Was a 2.3% ‘Medical Excise Tax’ Showing Up on Receipts from Sporting Goods Giant Cabela’s?

    01/05/2013 9:17:20 AM PST · by yoe · 54 replies
    The Blaze ^ | January 4, 2013 | Mike Opelka
    January 1, 2013 brought a host of new taxes, fees, and charges to the American people. Some of them were anticipated. Others, like the (Medical Device Excise Tax) (MDET), were not — at least not in this way. How so? Well, the MDET has started showing up on the receipts for purchases made at sporting goods giant Cabela’s. This receipt from one such store in Texas is making the rounds on the web. It shows an additional tax has been added to the purchase, after the local sales tax of nearly 10% was charged. [snip] What is a Medical Excise...