10-28-2014, 05:36 AM | #1 (permalink) |
Join Date: Feb 25 2000 Location: Tucson, AZ
Posts: 1,643
Rep Power: 26 | Tan Tax Update Great article about the Tan Tax. "The Joint Committee on Taxation projected that the “tanning tax” would raise $2.7 billion in revenue; however, both the Internal Revenue Service figures and the White House‘s own Office of Management and Budget show it garnered only $86 million in its first year (2011). In subsequent years, it raised only $91.5 million (2012) and $92 million (2013). I say it “only” raised millions but, quite frankly, a tax should have never been targeted toward this law-abiding industry in the first place." "The American Suntanning Association reports that their workforce in 2009 consisted of 164,218; in 2014 it was 100,721 — that represents a loss of more than 60,000 jobs." "As for enforcement and collection of the “tanning tax” to help pay the nearly $1 billion pricetag for Obamacare, there is no word yet exactly how much the government is spending to collect the tax. When asked by Rep. Lynn Jenkins (R-Kan.) how much it is costing to enforce, the IRS responded in a letter on September 2, 2014, stating, “We do not track the cost of collecting the indoor tanning tax.” "In the meantime, a growing percentage of Americans want government out of their beds — including ones in which they tan." http://www.theblaze.com/contribution...-tax-for-that/ |
10-28-2014, 10:07 AM | #4 (permalink) |
Join Date: Feb 25 2000 Location: Tucson, AZ
Posts: 1,643
Rep Power: 26 | Re: Tan Tax Update The dermatologists and the BoTox industry "convinced" them that imposing the Tan Tax would yield the same amount in taxes ($2.7B) as the proposed BoTax (a tax on the rich clients of dermatologists). The government fell for it and now have only themselves to blame for the shortfall. So here is a solution : Congress should go back and impose the BoTax. |
10-28-2014, 10:56 AM | #6 (permalink) | |
"The Man" Join Date: Mar 4 2003 Location: ohio
Posts: 4,015
Rep Power: 23 | Re: Tan Tax Update Quote:
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10-28-2014, 01:25 PM | #7 (permalink) |
Join Date: Feb 25 2000 Location: Tucson, AZ
Posts: 1,643
Rep Power: 26 | Re: Tan Tax Update An interesting article discussing the Botox Tax before the derm's and the botox industry convinced Congress to substitute the Tan Tax for the Botox Tax. Please note that the estimate was $6.0B for the Botox Tax. Also please note the role Pelosi played. "It’s not a sure bet the Botox tax will make it in the final bill. Botox enthusiasts have Nancy Pelosi in their corner–she left the tax out of the House version, which relies much more heavily on income tax increases for rich people." http://www.forbes.com/2009/12/07/hea...osh-barro.html And here is how the derm's fought against the Botox Tax. http://www.stopbotax.org/ http://content.time.com/time/busines...947841,00.html And this "smoking gun" NY Times article shows how the derm's used the fear of skin cancer to (successfully) promote a "switcheroo" to replace the Botox Tax with the Tan Tax. The rest is history. "Dr. David M. Pariser, the president of the American Academy of Dermatology, said his association proposed that an indoor-tanning tax be considered in place of the cosmetic tax, and that it contacted the offices of senators. “We made the case this will reduce health care costs by hopefully reducing skin cancer in the future — that’s the point — and also raise a little revenue now,” Dr. Pariser said." http://www.nytimes.com/2009/12/24/fa...Skin.html?_r=0 http://www.reuters.com/article/2009/...24186720091221 Last edited by Don Smith; 10-28-2014 at 01:37 PM. |
10-28-2014, 07:21 PM | #8 (permalink) |
Join Date: Feb 16 2009 Location: Alaska
Posts: 626
Rep Power: 16 | Re: Tan Tax Update When asked by Rep. Lynn Jenkins (R-Kan.) how much it is costing to enforce, the IRS responded in a letter on September 2, 2014, stating, “We do not track the cost of collecting the indoor tanning tax.” And....we wonder why our country has a deficit?
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