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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]
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 ...
Your soda habit may be getting more expensive. The Wall Street Journal (subscription required) reports that "The Center for Science in the Public Interest, a Washington-based watchdog group that ...
For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... Many of the new soda tax proposals, such as New York's .01 cent-per-ounce tax, are meeting stiff ...
A sugary drink tax was recommended by the Institute of Medicine in 2009. [8] Numerous states, including Vermont, have proposed taxing sugar-sweetened beverages or increasing the prices to reduce consumption. [61] Healthy schools campaign is an initiative set forth by Michelle Obama that promotes nutritional enrichment through food an education ...
The tax went into effect at the start of the year and slaps a 1.5 cents-per-ounce tax on sugary and diet beverages. Philadelphia's tax makes soda more expensive than beer, study shows Skip to main ...
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]
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 ...