The Soda Tax Experiment, Now Underway

November 7, 2014 3:38 AM

19 0

The Soda Tax Experiment, Now Underway

Berkeley made history yesterday by becoming the first US city to successfully pass a soda tax. The 1-cent-per-ounce tax, which will cover caloric soda, sports drinks, energy drinks and sweet teas, will take effect Jan. 1 2015. The larger the bottle, the more noticeable the price increase will be.

The combination of cash-strapped state budgets, the obesity epidemic, and the conclusive evidence tying sugary drinks to this epidemic and to bad health outcomes, brought about sugary drink tax initiatives in more than two dozen states, but up until now, all these attempts were fought off successful...

Also read: U.S. state, local tax revenue up 5.8 percent in first quarter: Census

Read more

To category page