dblades Posted February 18, 2015 Share Posted February 18, 2015 "There are some really gray areas. A good example are the folks selling used/collectible lures on auction sites. If they do it as a business, and do anything to package the baits, they could owe FET under some interpretations." Since it's a "manufactures" tax on new items, can't see anyway it would be due again on used items. I'm also fairly certain that this tax has ALWAYS been charged against the "sales price" unlike most other taxes. Link to comment Share on other sites More sharing options...
dtrs5kprs Posted February 18, 2015 Share Posted February 18, 2015 "There are some really gray areas. A good example are the folks selling used/collectible lures on auction sites. If they do it as a business, and do anything to package the baits, they could owe FET under some interpretations." Since it's a "manufactures" tax on new items, can't see anyway it would be due again on used items. I'm also fairly certain that this tax has ALWAYS been charged against the "sales price" unlike most other taxes. Depends on who is defining manufacturer, and how. http://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Field-Directive-Federal-Excise-Tax-on-the-Importation-and-Manufacture-of-Fishing-and-Archery-Products Link to comment Share on other sites More sharing options...
Members Corky Posted February 18, 2015 Members Share Posted February 18, 2015 You can think president Bill Clinton for having all of are manufacturing going to Mexico and China Link to comment Share on other sites More sharing options...
Flysmallie Posted February 18, 2015 Share Posted February 18, 2015 Yeah it was all one guys fault. I seem to remember companies leaving before anybody ever even knew who he was. Â Â Link to comment Share on other sites More sharing options...
Members Corky Posted February 18, 2015 Members Share Posted February 18, 2015 The North American Free Trade Agreement (NAFTA) is signed into law by President Bill Clinton. Clinton said he hoped the agreement would encourage other nations to work toward a broader world-trade pact. NAFTA, a trade pact between the United States, Canada, and Mexico, eliminated virtually all tariffs and trade restrictions between the three nations. The passage of NAFTA was one of Clinton's first major victories as the first Democratic president in 12 years--though the movement for free trade in North America had begun as a Republican initiative. During its planning stages, NAFTA was heavily criticized by Reform Party presidential candidate Ross Perot, who argued that if NAFTA was passed, Americans would hear a "giant sucking sound" of American companies fleeing the United States for Mexico, where employees would work for less pay and without benefits. The pact, which took effect on January 1, 1994, created the world's largest free-trade zone. Link to comment Share on other sites More sharing options...
dtrs5kprs Posted February 18, 2015 Share Posted February 18, 2015 Gosh, the words "giant sucking sound" and Clinton cause me no end of juvenile glee. fishingaddiction, Champ188, Terrierman and 1 other 4 Link to comment Share on other sites More sharing options...
Chief Grey Bear Posted February 18, 2015 Share Posted February 18, 2015 The giant exodus of manufacturing to Mexico was in the 80's. By the time Clinton came to be, the focus had shifted to China. But those that had gone to Mexico needed cheap shipping to compete with China. Chief Grey Bear Living is dangerous to your health Owner Ozark Fishing Expeditions Co-Owner, Chief Executive Product Development Team Jerm Werm Executive Pro Staff Team Agnew Executive Pro Staff Paul Dallas Productions Executive Pro Staff Team Heddon, River Division Chief Primary Consultant Missouri Smallmouth Alliance Executive Vice President Ronnie Moore Outdoors Link to comment Share on other sites More sharing options...
merc1997 Bo Posted February 18, 2015 Share Posted February 18, 2015 The giant exodus of manufacturing to Mexico was in the 80's. By the time Clinton came to be, the focus had shifted to China. But those that had gone to Mexico needed cheap shipping to compete with China. Clinton signed it into law on December 8, 1993; the agreement went into effect on January 1, 1994.[7][8] Clinton, while signing the NAFTA bill, stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement."[9]. just thought that i would give you the exact time of when and who signed the bill. plus, a direct quote from old slick willy himself. bo Link to comment Share on other sites More sharing options...
Chief Grey Bear Posted February 18, 2015 Share Posted February 18, 2015 Clinton signed it into law on December 8, 1993; the agreement went into effect on January 1, 1994.[7][8] Clinton, while signing the NAFTA bill, stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement."[9]. just thought that i would give you the exact time of when and who signed the bill. plus, a direct quote from old slick willy himself. bo Everybody is well aware of that document and who signed it and when it was signed. What most refuse to acknowledge is when this really started. I provided a link for you to read. While reading this, keep in mind that it was written in 1987. This will remind you and others what was really going on and who the real "slick willey" was. Some consider him an American Hero. In truth nothing could be further from the truth. http://www.multinationalmonitor.org/hyper/issues/1987/02/moore.html SpoonDog 1 Chief Grey Bear Living is dangerous to your health Owner Ozark Fishing Expeditions Co-Owner, Chief Executive Product Development Team Jerm Werm Executive Pro Staff Team Agnew Executive Pro Staff Paul Dallas Productions Executive Pro Staff Team Heddon, River Division Chief Primary Consultant Missouri Smallmouth Alliance Executive Vice President Ronnie Moore Outdoors Link to comment Share on other sites More sharing options...
Chief Grey Bear Posted February 18, 2015 Share Posted February 18, 2015 I will concede that it is not the best choice of authors, but one can not argue the facts. Chief Grey Bear Living is dangerous to your health Owner Ozark Fishing Expeditions Co-Owner, Chief Executive Product Development Team Jerm Werm Executive Pro Staff Team Agnew Executive Pro Staff Paul Dallas Productions Executive Pro Staff Team Heddon, River Division Chief Primary Consultant Missouri Smallmouth Alliance Executive Vice President Ronnie Moore Outdoors Link to comment Share on other sites More sharing options...
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