(This isn't about health, but it *is* about transparency.)
Sure is good to know the Senate is on the ball getting legislation rushed through. One has to wonder how they found the time to insert an entire mental health parity act, an energy bill, tax code reform and this gem:
SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN WOODEN ARROWS DESIGNED FOR USE BY CHILDREN.
- (a) In General- Paragraph (2) of section 4161(b) is amended by redesignating subparagraph (B) as subparagraph (C) and by inserting after subparagraph (A) the following new subparagraph:
- `(B) EXEMPTION FOR CERTAIN WOODEN ARROW SHAFTS- Subparagraph (A) shall not apply to any shaft consisting of all natural wood with no laminations or artificial means of enhancing the spine of such shaft (whether sold separately or incorporated as part of a finished or unfinished product) of a type used in the manufacture of any arrow which after its assembly--
- `(i) measures 5/16 of an inch or less in diameter, and
- `(ii) is not suitable for use with a bow described in paragraph (1)(A).'.
- (b) Effective Date- The amendments made by this section shall apply to shafts first sold after the date of enactment of this Act.
This is an Amendment to Treasury Regulations, Subchapter D, Sec. 48.4161(b)-1, which imposed taxes on fishing and hunting equipment. Obviously, a huge part of saving the country's failing economy, tax cuts for underage bowmen. The parents-of-children-who-hunt-with-bows voter block is of course crucial for any incumbent. Thanks to the Emergency Economic Stabilization Act of 2008, H.R. 3997, these kids can now hunt tax free. As long as they're using *certain* wooden arrows...
Thanks to Josh Zeidner for the heads up.
3 comments:
That's hilarious - so weird.
simply amazing. proud to be an american.
enhancing the spine of such shaft
well its not all garbage... 'enhancing the spine' and 'shaft' are all altogether appropriate when taken out of the context. :)
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