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Should We Tax Soda?

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Should We Tax Soda?

The Senate is considering various ways to pay for a health care system overhaul. One option is to start taxing things that are contributing to health problems such as obesity, and sodas are in the cross-hairs.

From The Wall Street Journal:

"The Center for Science in the Public Interest, a Washington-based watchdog group that pressures food companies to make healthier products, plans to propose a federal excise tax on soda, certain fruit drinks, energy drinks, sports drinks and ready-to-drink teas. It would not include most diet beverages. Excise taxes are levied on goods and manufacturers typically pass them on to consumers."

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Mattfree88's picture
Created by Mattfree88 2 years 35 weeks ago
Category: Taxes, Fees & Fines   Tags:

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