Do not worry about the EMTAG. It is attached to the cord so that you do not walk out of the store with a tool that you haven't paid for. It is de-activated once you pay for the tool. And, yes, Grasshopper, you may cut the EMTAG off. BUT DO NOT CUT the power cord. OK?
"For almost every problem,
there is a DREMEL solution"
"When all else fails, read the instructions."