The Pro-Health, Anti-Soda Blog
The US Congress Thinking About Federal Tax on Soft Drinks
Tax on Softdrinks – good idea or bad? Considering the health effects on soda, this is along the lines of the taxes that are levied on tobacco. The soft drink industry (PepsiCo and Coca Cola) must be sweating bullets on this!
One idea to help pay for health care reform may be hard to swallow for Coke drinkers and the soft drink industry.
Congress plans to discuss a tax on sweetened soft drinks that are often blamed for helping cause health problems like obesity and tooth decay in the first place.
Not surprisingly, companies like Atlanta-headquartered Coca-Cola Co. are sour on the potential of a so-called “sin” tax on their products.
“It’s an over-reach when government uses the tax code to tell (people) what to eat and drink,” said Kevin Keane, senior vice president of the American Beverage Association. Officials from Coca-Cola declined to comment, instead referring questions to Keane’s group.
Source: Atlanta Journal-Constitution
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