Skip to comments.NYC Panel Mulls Tax on Cosmetic Surgery
Posted on 02/15/2004 2:34:45 PM PST by freepatriot32
NEW YORK (Feb. 13) - A tummy tuck may someday make a cosmetic surgery patient's wallet thinner, too, if a New York City tax panel has its way.
Imposing sales tax on Botox treatments, breast surgery and other cosmetic procedures could bring in $62 million in revenue for the city, according to the Independent Budget Office.
The suggestion was among nearly 70 options included in a report released by the publicly funded, nonpartisan agency on Thursday.
"The business of cosmetic enhancements, including both surgical and nonsurgical procedures, is one of the fastest-growing industries in the United States," the report said, adding that the number of procedures more than quadrupled between 1997 and 2001.
Cosmetic procedures such as collagen injections and laser treatments are not subject to sales tax now because they are considered medical procedures, the agency said.
Another suggestion in the report was a "latte tax" similar to the 10-cent tax on coffee drinks that Seattle voters recently rejected. The agency said such a tax could bring in $12 million a year in New York.
Other tax or cost-cutting options included restoring the commuter tax, reinstating fares on the Staten Island ferry, eliminating transportation for private school students and reducing the number of paid holidays for city workers.
The office of Mayor Michael R. Bloomberg was not impressed by the proposals, spokesman Jordan Barowitz told The New York Times.
"Where's the plan to buy 50,000 lottery tickets?" he asked.
On the Net:
Things just get stranger and stranger here in NYC. The truth is that all the post-911 policies are killing the local economy and eroding the tax base. This town has always been insanely liberal but it has taken on a new urgency of late. I think that NYC is in big trouble. Whoever comes in after Bloomy will probably be a Democrat and it will get worse. The cost of living here for the average Joe has gone up 20 % or more in the last 3 years, or so it seems to me.
The irony here is incredible. Politicos on both sides relish the thought of extracting any tax possible from anyone to further line their pockets. They have also created this spurious little AWDA which, on it's face seems a worthy cause until you scratch deeper. Regardless, it also has served the interests of said politicos. Now the creation of one may spearhead the movement of the other to their detriment. Not much of a lawsuit cheerleader here but this time I say, Go for it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.