We’ve regularly let our readers know our strong opposition to discriminatory taxes on our products. It’s a position we know is backed in common sense and science. Today we’d like to share with our readers a new study from The Tax Foundation. The study counters our critics and tax supporters by unveiling the ineffective – never mind complicated - nature of a soda tax. Here’s an excerpt from the Foundation’s news release:
“While reducing obesity-related health problems is a worthy goal, adding an additional tax burden to particular food and beverage categories is a clumsy and inefficient strategy,” said Tax Foundation analyst Scott Drenkard. “Obesity taxes fall on all consumers, including those who consume candy and soda in moderation and have no weight-related health issues.”
Check out the Tax Foundation website, where you can find the news release and more information about the report.