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DON'T GO THERE:? DEMS EYE 10%?TAX ON BOTOX, COSMETIC SURGERY, HAIR PLUGS Mon Jul 27 2009 17:18:00 ET Face-lifts, tummy tucks and hair transplants could be hit with a new tax to help finance the trillion-dollar healthcare overhaul plan, CONGRESS DAILY reports. The Senate Finance Committee has discussed imposing a 10% excise tax on cosmetic surgery deemed unnecessary for medical purposes. DAILY's Peter Cohn reports: The idea was broached in a meeting with OMB Director Orszag in mid-July, after which Senate Finance Chairman Max Baucus told reporters he had heard some "interesting," "creative," and "kind of fun" ideas. MORE Developing... |
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