Tanning Tax Has Not Yet Started; Tax Begins on July 1
March 24, 2010
The front page of the Drudge Report currently has a headline (next to a picture of a tanned Joe Biden) reading “Obama Tanning Tax Starts Now.” It links to a Bloomberg article posted yesterday which stated that the tax began immediately but which has since been corrected.
The tanning tax begins on July 1 of this year. The Tax Foundation has posted a timeline of when each of the tax provisions in the health care bill are set to go into effect. For even more proof on the starting date, here’s the Joint Committee on Taxation’s scoring of the provision, which clearly states that the tax goes into effect for services performed on or after 7/1/2010 (see line 17).