Sunday, October 5, 2008

Getting Shafted By Arrow Tax Break?

As soon as the Senate passed the financial services bailout package last night, critics re-emphasized their complaints that taxpayers are getting shafted. And one of the provisions they’ve been pointing to is the repeal of the 39-cent excise tax on some wooden arrows.Specifically, the tax break would apply to "Wooden Practice Arrows Used by Children," which are defined as arrows measuring 5/16 of an inch or less and unsuited for use with a bow with a peak draw we[...]

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[Source: The Money Blogs]

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