taxsodaIt looks like the idea of a soda tax is back again, but did it ever really go away? I would hate to tax something that should be regulated by the free market, but this time it looks like the economy and a want for new revenue streams may get the best of us. Hopefully, everyone will benefit by raising some money for the US Government, while reducing sugar consumption. Unfortunately this tax will also impact the largest consumers of soda, which may also be the same citizens who can afford a new tax the least.

Obama has made some comments about a soda tax in an upcoming issue of Men’s Health. In the article, he states that “There’s no doubt that our kids drink way too much soda. And every study that’s been done about obesity shows that there is as high a correlation between increased soda consumption and obesity as just about anything else“. To counter that, he also states “people’s attitude is that they don’t necessarily want Big Brother telling them what to eat or drink, and I understand that“.

They are also calling this a “sin tax” and putting it in the same category as the cigarette taxes. It should be interesting to see how this plays out in the news media.

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