January 30, 2009
Our governor has proposed an 18% tax on sugared drinks. Here’s the idea: obesity will decrease because people won’t pay the extra money for their sugary drinks. Oh, but also, the state will make more money from this tax, more each year in fact! So, if people are drinking less of these sugar drinks, how then does the revenue from taxing these drinks keep increasing? Logic shmogic! ACSH has more.
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