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going after big cola..wait what?
Posted: Thu Jan 26, 2017 11:25 pm
by 815DC
That's right Coke is being gone after just like tobacco. It is finally happening. I recall a mild scare for the world of carbonated sugar when Pepsi had its coloring agent exposed as carcinogenic, but now its about "falsely leading poor joe public to believe soda isn't bad for you".
http://www.msn.com/en-us/money/companie ... spartandhp
Re: going after big cola..wait what?
Posted: Fri Jan 27, 2017 6:14 am
by jledou
Our nanny state mentality is getting worse everyday but in reality the revenue they need from taxes on tobacco could probably be more if they would just reduce the subsidy on HFCS .... they wouldn't even have to call it a tax on soda.
I am not a math wizard but a $0.01 tax on millions probably gains more than a $0.40 tax on thousands. I know, I know, my logic has no place here.
Re: going after big cola..wait what?
Posted: Fri Jan 27, 2017 10:17 am
by kurtdesign1
jledou wrote:Our nanny state mentality is getting worse everyday but in reality the revenue they need from taxes on tobacco could probably be more if they would just reduce the subsidy on HFCS .... they wouldn't even have to call it a tax on soda.
I am not a math wizard but a $0.01 tax on millions probably gains more than a $0.40 tax on thousands. I know, I know, my logic has no place here.
Didn't New York implement a hefty tax on this last year? Looks like that primer went through smooth enough that some think its a sure way to bring in additional funding in the future. Sigh.
Re: going after big cola..wait what?
Posted: Fri Jan 27, 2017 3:57 pm
by IWinchester
Regulate things that matter, like business impacts on the environment. Don't regulate personal choices.

Re: going after big cola..wait what?
Posted: Mon Jan 30, 2017 9:44 am
by kurtdesign1
IWinchester wrote:Regulate things that matter, like business impacts on the environment. Don't regulate personal choices.

Why would we want to do something so smart?