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07-02-2010, 08:50 PM #1
Senior Member
Health Care Bill/ Tanning Tax
Wait. No. That's just not right. Who slept through history class... The mere act of taxation was not the issue. It was taxation without representation that pissed people off. The first act passed by the American Congress was a tax bill!
Originally Posted by boaz
I'm all for social policy however, as I said, that ain't going to solve our mess. We need to role back the tax cuts of the past 15 years for anyone making more than $250K. Further, we need a more robust graduated tax policy which increases at regular intervals along the income scale. We also need to close down loopholes that allow the mega rich to shelter their wealth. And if you believe in supply side voodoo economics then I'm willing to consider breaks and exemptions for the wealthy who actually invest their surplus wealth into productive activities. Otherwise it should be fair game.bigsby Reviewed by bigsby on . Health Care Bill/ Tanning Tax NEW YORK (CNNMoney.com) -- The Obama administration is turning up the heat on tanning salons across the country with the passage of its new health care bill. To help fund the $940 billion health care overhaul, a 10% tax on individuals receiving indoor tanning services was tacked on, and the initiative is expected to generate $2.7 billion over ten years. Cutting out the 'Botax' The 10% tanning tax has replaced the 5% tax on cosmetic surgery that was originally included in the bill. Rating: 5
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