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Skip 02-17-2011 10:41 AM

Spot77 - There is also an extra tax added to all fishing gear by the feds.

Bend-Lure 02-17-2011 05:33 PM

There is also a 10% excise tax on the manufacture of fishing gear:

http://www.irs.gov/publications/p510...link1000117228

Spot77 02-18-2011 08:50 AM

I wonder if all of these local lure makers are aware of the federal taxes? I see a LOT of local soft bait manufacturers at shows...I can't imagine they make any money on this stuff.


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