View Full Version : Speargun Excise Tax

10-27-2008, 18:18
Alrighty, before I get rather angry and start writing letters, what does the 10% federal excise tax on spearguns go towards? Any way around that?

I mean, good greif. Why should I have to pay a total of 19% in taxes for a speargun?!?!

10-29-2008, 13:27
A good read....

Sport Fish Restoration (http://www.outdooralabama.com/research-mgmt/sport-fish.cfm)

"Originally passed in 1950 and strongly supported by anglers throughout the nation, the Sport Fish Restoration Act (Dingell - Johnson Act) placed a 10% excise tax on fishing rods, reels, lures, fishing line, and related fishing equipment."

"Fishing piers are built. Boating access facilities are constructed. Prime fishing waters are preserved and fisheries research projects are conducted to provide data to maintain healthy fish populations."

"The program provides a valuable investment in the maintenance and enhancement of our natural resources and the tremendous economic benefits they generate for the future."