Archive for July 2nd, 2010

Recovery Summer Update: THE bold stroke implemented yesterday …

July 2, 2010

Yes, I’m talking the ObamaCare tanning salon excise tax – it went into effect yesterday.  As near as I can tell, it’s the only operative part of ObamaCare.

I feel my health care improving as I write this …

* * * * *

Excerpted from: Businessweek, Tanning Salon Patrons Face 10% Tax for Glowing Skin, July 01, 2010,

The price of looking good increases by 10 percent on July 1 when a tax on indoor tanning created by the U.S. health-care reform bill takes effect.

The tax is expected to raise $2.7 billion over 10 years, according to a March 10 estimate by the Joint Committee on Taxation.

Small-business owners will be hurt by the tax …

  • There are more than 20,000 tanning salons in the U.S.
  • Women own 67 percent of them
  • The industry employs about 140,000 people

Centers that use spray-on services or lotions are exempt from the tax.

Full article:
http://www.businessweek.com/news/2010-07-01/tanning-salon-patrons-face-10-tax-for-glowing-skin.html