Will Cosmetic Surgery Be Taxed?

Background: The Senate is considering a tax on botox/cosmetic surgery operations (the term 'botax' has been coined) to help pay for the new healthcare reform that Obama is proposing. Will it happen?

Settlement details:As reported by a major mainstream news source.

Forecast history %

Yes

94%

Question suspends in 5 weeks

Activity: H$35,104
Predictions: 16
Comments: 1

Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go)

Initial likelihoods: Yes: 30%

Action history:

Created Tue 28th Jul 8:05am PST by

stepher Level 10, Genius (H$13,000)

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Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go) details

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Predictions (16)

13 weeks ago

bohnanza Level 14, Prophet (H$105,471)

predicted No (H$500 at 83%)

16 weeks ago

tewe

predicted No (H$25 at 72%)

16 weeks ago

craig814 Level 11, Legend (H$19,293)

predicted Yes (H$20 at 28%)

16 weeks ago

Erik

predicted No (H$2,000 at 71%)

16 weeks ago

spacemonkey1229 Level 8, Super-Pro (H$7,061)

predicted Yes (H$20 at 29%)

Comments (1)

Erik

WASHINGTON (AP) -- They call it the "Botax." The White House and Senate Democrats have turned to a proposal to tax breast implants, tummy tucks, wrinkle-smoothing injections and other procedures as they search for ways to pay for costly health care overhaul plans...

At issue is a proposal in the 10-year, nearly $1 trillion health care draft unveiled by Senate Majority Leader Harry Reid, D-Nev., that would slap a 5 percent excise tax on elective cosmetic surgeries and procedures. The plan, projected to raise $6 billion, wouldn't apply to surgery to fix a deformity or injury, but would include procedures such as face lifts, liposuction, cosmetic implants or teeth-whitening....

http://hosted.ap.org/dynamic/stories/U/US_HEALTH_OVERHAUL_TAXING_VANITY?SITE=NHPOR&SECTION=HOME&TEMPLATE=DEFAULT

posted 2 days ago