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November 20, 2009
Posted: 02:01 PM ET
Senate Democrats are proposing a 5% excise tax on elective cosmetic procedures.
FROM CNN's Jack Cafferty Something called "Botax" might help pay for health care reform. The name derives from a tax on Botox... which in the case of some Hollywood types could raise millions. Senate Democrats are proposing a 5% excise tax on elective cosmetic procedures... that includes things like Botox injections, breast implants, tummy tucks, face lifts, liposuction, teeth whitening, eyelid repairs, etc. The tax would bring in an estimated $6 billion over 10 years and wouldn't apply to cosmetic surgery meant to fix a deformity or injury. Drug makers and plastic surgeons think this is a terrible idea. The company that makes Botox calls it an "easy target" and says the tax is "unnecessarily punitive". The American Society of Plastic Surgeons says it will hurt countless American women of every income level - that it's not just a tax on "wealthy, suburban Republican women." They claim the tax would come at a particularly difficult economic time - when many women are trying to spruce up their looks as they search for jobs. I would offer that if you're out of work you probably wouldn't be getting Botox injections... but hey, what do I know? It could have been worse. Lobbyists apparently succeeded in persuading lawmakers to reduce the tax from 10%, which would have brought in $11 billion over a decade. Over the summer, many thought that Democrats weren't serious about the cosmetic surgery tax... but Harry Reid and Co. brought it back because they "needed money to make the bill work"." SO HERE'S MY QUESTION TO YOU: Should the government tax cosmetic procedures like Botox, tummy tucks and liposuction to help pay for health care reform? Interested to know which ones made it on air?
Danny Russ in Colorado Ivan Karen in Scottsdale, Arizona Sue in Idaho Don in Newtown, Pennsylvania Filed under: Health care
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Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV. Send your comments on the "Cafferty File". Jack's Book
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