So the tan tax is supposed to go into effect Thursday, July 1. With salon owners and other business interests in the tanning industry, this tanning tax is a big deal.
Well, for starters the tax is 10%!
Consumers are really going to be cutting down on luxury items in this economic climate. Having increased tanning costs is not going to help things for small business owners in the industry. There will be consumers still willing to pay for their tanning…and there will be consumers who won’t. What this means is business is going to be hurt for most indoor tanning salon owners.
Now we come to the point in the story where we get down on our knees, spread out our arms, and shout to the sky, “Why?!” Read more…
Tanning salon businesses across the nation will feel the effects of the new health care insurance bill as early as July 1, 2010. Indoor tanning salon patrons will soon be charged a 10% tax to help fund the $940 billion health care overhaul.
President Barak Obama signed the new law into effect only yesterday, marking a pivotal, and surely controversial, moment in our present history. The controversy is mainly fueled by unclear, and seemingly miscalculated—or at least under-estimated—budget cuts and tax increases; not to mention measures to impose insurance coverage on those who choose not to carry any, the banning of insurance companies to deny coverage to children with pre-existing conditions, the banning of insurance companies to drop coverage of an individual due to severe illness, and banning limits on lifetime or annual benefits. Read more…