On Saturdays at 11 a.m., a friend and I attend a yoga class at a Tribeca studio beloved by the so-called Goldman wives, the trim, Lululemon-clad women married to the financiers who inhabit the neighborhood’s cast-iron lofts. After class, we poke a little fun at the crowd, then look down at our feet and admit that we, too, are part of the problem. We’re not remotely 1 percenters, but we’re educated and fortunate enough to have full-time employment, and we can afford to spend $15 each week to attend a 95-minute yoga class. What’s more, we don’t have to pay taxes on our yoga class, or any other yoga class in New York City.
Should we? While efforts to tax these classes were struck down in New York, in Washington, D.C., the City Council recently passed legislation that will tax yoga,among other services, at the local sales tax rate of 5.75 percent.