Checking out at NFC they list excise tax - is this common for buying building components or blanks?

 

Seems like such another garbage way for our Gov't to take even more away from us and line their pockets.

And that's on top of sales tax

The excise tax is on all fishing equipment, a lot like the one on hunting equipment.  Maybe it's the same one, but for both the money is supposed to finance habitat improvement.  Here are some details:  https://www.rodbuilding.org/library/sportfishingtax.html

 

"Each fiscal year, the monies collected under the SportFishing Excise Tax (Wallop-Breaux Tax) are distributed among the Fish and Wildlife Departments of all 50 states."

It’s nothing new and in all sporting goods. Supposedly for habitat etc. usually baked into the price. This is just their way of shining a light on the fact that they’re taxed. If you sell rods you owe the tax as well. “Logic” being that you’ve now created a new item for sale. Another example of double dipping by IRS. I’ll leave it there or risk being banned. Lol

Everything has that tax; you just don't see it on the sticker. If you buy wholesale, you don't see the tax on your purchases, but you have to collect it from the buyer, just like state sales tax and send it on quarterly if I remember right. Been a while for me and they could have changed things. It was a percentage of the sale up to a certain amount than was a $10 dollar flat fee past that.

Thanks for the clarification y'all

11 hours ago, Delaware Valley Tackle said:

It’s nothing new and in all sporting goods. Supposedly for habitat etc. usually baked into the price. This is just their way of shining a light on the fact that they’re taxed. If you sell rods you owe the tax as well. “Logic” being that you’ve now created a new item for sale. Another example of double dipping by IRS. I’ll leave it there or risk being banned. Lol

I mean I really hope the line is a little further away to get banned, because I was essentially saying the same thing - tax to earn tax to own tax to spend and its still not enough and I'm not seeing where it's going haha.

 

Garbage that even if someone doesn't sell the rods still gotta pay extra, crazy!

18 hours ago, PUTitinYOURmouthFISH said:

and I'm not seeing where it's going haha.

The amount each state receives is based on a variety of criteria, including respective state fishing license sales and ratio of land to water. Only a small percentage (about 6%) of the total tax is withheld for admninstrative purposes. The next time you see your Fish and Game department improving a boat ramp, stocking a lake or river, conducting a fishery survey, etc., you'll have a good idea where the funding for these programs come from. For many, it is the primary source of their total funding.

@MickD I meant in general how the same dollar can be taxed upon earning, taxed on keeping, and taxed on spending - then sometimes what you purchased you're taxed again on for owning.

 

Earning, having, and spending like 50 grand gives Uncle Sam like 20-25k , which is more funding than I ever see used for the community.

 

But you've effectively made me feel more comfortable paying this fishing supply tax if thats actually used for our fisheries like that.