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A sugary drink tax, soda tax, or sweetened beverage tax (SBT) [1] [2] [3] is a tax or surcharge (food-related fiscal policy) designed to reduce consumption of sweetened beverages by making them more expensive to purchase. Drinks covered under a soda tax often include carbonated soft drinks, sports drinks and energy drinks. [4]
Many of the new soda tax proposals, such as New York's .01 cent-per-ounce tax, are meeting stiff opposition and are likely to fizzle in the current political and economic environment. But that ...
In the current tax structure, the dangerous beverage hierarchy breaks down like this: liquor is the most dangerous (excise tax of $6.44/gallon, sales tax: not more than $2.54 per gallon), followed ...
Soda consumption is blamed as being a cause of heart disease, obesity, Type 2 diabetes and some types of cancer in adults, and it's easy to see why, Government guidelines encourage Americans to ...
Soft drink size limit protest sign placed on a delivery truck by New York's Pepsi bottler. The sugary drinks portion cap rule, [1] [2] also known as the soda ban, [2] was a proposed limit on soft drink size in New York City intended to prohibit the sale of many sweetened drinks more than 16 fluid ounces (0.47 liters) in volume to have taken effect on March 12, 2013. [3]
A sin tax (also known as a sumptuary tax, or vice tax) is an excise tax specifically levied on certain goods deemed harmful to society and individuals, such as alcohol, tobacco, drugs, candy, soft drinks, fast foods, coffee, sugar, gambling, and pornography. [1]
A careful observer of the history of taxation might remind Coca-Cola Co. (KO) chairman and CEO Muhtar Kent that taxes have been used for centuries to create incentives for desired behavior. At a ...
Image of Mexican Coke bottle cap courtesy Evan P. Cordes, under Creative Commons License. Coca-Cola has been fighting negative perceptions around its sweetened carbonated beverages for some time ...