So I know its a tough time for many people. And yes, everyone needs to be bailed out at one time or another. We all make mistakes. We all do un-smartish things. But the way I was raised, everything you do has a reward/consequence. [That's why you always try to make the right decision.] You know the saying “You’ve made your bed, now sleep in it”. Basically means you man or [woman] up to your choices and live with the consequences. But no one wants to admit mistakes. Its a lot easier to point fingers. Maybe the bailout is needed, maybe it isn’t. But it for sure isn’t helping those who need it most.
Seriously?? This is going to help how?
EXEMPTION FROM EXCISE TAX FOR CERTAIN
21 WOODEN ARROWS DESIGNED FOR USE BY
22 CHILDREN.
23 (a) IN GENERAL.—Paragraph (2) of section 4161(b)
24 is amended by redesignating subparagraph (B) as sub301
O:\AYO\AYO08C32.xml S.L.C.
1 paragraph (C) and by inserting after subparagraph (A)
2 the following new subparagraph:
3 ‘‘(B) EXEMPTION FOR CERTAIN WOODEN
4 ARROW SHAFTS.—Subparagraph (A) shall not
5 apply to any shaft consisting of all natural
6 wood with no laminations or artificial means of
7 enhancing the spine of such shaft (whether sold
8 separately or incorporated as part of a finished
9 or unfinished product) of a type used in the
10 manufacture of any arrow which after its as
11asembly—
12 ‘‘(i) measures 5⁄16 of an inch or less in
13 diameter, and
14 ‘‘(ii) is not suitable for use with a bow
15 described in paragraph (1)(A).’’.
16 (b) EFFECTIVE DATE.—The amendments made by
17 this section shall apply to shafts first sold after the date
18 of enactment of this Act.
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