Getting a bronze glow for the summer -- at least artificially -- is about to get a little more expensive. If you were planning on hitting up the tanning salon in the near future, then you should try to get to the salon before the end of the day. The tanning tax is going to take effect tomorrow, meaning the price you pay for your tan will increase by 10%. For more information on you can check out my blog entry explaining the tanning tax, or read more about this new tax from the article below courtesy of CNN Money.
A 10% tax will be tacked on to indoor tanning bills starting Thursday, as part of the health-care reform President Obama signed into law in March.
According to guidelines from the IRS, the tax will apply to electronic products designed for tanning that use one or more ultraviolet lamps with wavelengths between 200 and 400 nanometers. Other sunless tanning options, such as spray tans, are not subject to the tariff.
The tax is expected to generate $2.7 billion by 2019, according to the Congressional Joint Committee on Taxation.