According to the Lake Country Reporter, the Rio Tan tanning salon in Oconomowoc will be closing it’s doors due to a 10% tanning tax that is part of Obamacare.
"When Obama defeated Romney in the election, I knew Obamacare would be upheld. In Obamacare there is a 10-percent tanning tax," [Marijo Rislov] explained.
The tax was added to healthcare reform in place of an originally proposed 5-percent tax on Botox and cosmetic surgery referred to as "Botax."
Rislov said the tax made a significant difference in her business. She said she was making only a 10-percent profit at Rio Tan, "so Obama was getting 100 percent of my proceeds." Rislov said that instead of passing along the burden to her customers, she decided it was time to forego the tanning salon venture.
Businesses around the country are just starting to learn about the various nasty taxes that fill the thousands of pages of Obamacare. And the toll they are taking is real.
In addition to the 10% tanning tax, a 2.3% medical device tax has caused companies like Stryker and Zimmer Holdings to announce layoffs as a result of the tax. According to one study, as many as 43,000 jobs could be lost as a result of the Obamacare medical device tax.
Other businesses like Five Guys hamburgers are passing on Obamacare’s increased taxes to the customer in increased prices.
Ultimately, businesses large and small are being forced to make difficult choices due to Obamacare. Lay off employees like Stryker and Zimmer. Raise prices like Five Guys. Cut hours for employees like Papa Johns. Or close their doors like Rio Tan in Oconomowoc.