- Jun 8, 2005
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Desperately seeking money to pay for the legislation, Mr. Reid came up with a new source of financing: a 5 percent tax on elective cosmetic medical procedures. The tax would be paid by patients, but collected by doctors and clinics and forwarded to the government.
The tax would be calculated as 5 percent of the amount paid for an elective cosmetic procedure, whether by the patient, insurance or other sources. The tax would not apply to cosmetic surgery for people with congenital abnormalities, disfiguring diseases or traumatic injuries.
Full article is here. The article talks about the new Health Bill, but this snippet was particularly interesting to me.
http://www.nytimes.com/2009/11/19/health/policy/19health.html?hp
Take from those less fortunate and give to the lazy. Good Job Harry.
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