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And having some once in a while has no ill effect at all.
If you're only having them once in awhile then the tax doesn't really matter to you. It's only really going to be felt that think drinking soda is like drinking water.
1. Soda companies will put flavored seltzer everywhere since it’s not taxed.
2. Two liters are nonexistent except at the major grocery chains.
3. Some people on the fringes of the city probably do drive elsewhere to buy soda and juice.
4. 100% juice with no added sugar is the cheapest thing to buy compared to juice watered down with added sugar. Which is a good thing in my opinion.
Long and short of it, I don’t think the soda tax has been a big deal to 99% of people.
Wouldnt it just mean once a monthish soda runs and fewer customers at low end restaurants that mostly serve soft drinks?
If you're only having them once in awhile then the tax doesn't really matter to you. It's only really going to be felt that think drinking soda is like drinking water.
What about the vendor or restaurant who has to buy it by the case(s) and then resell. The cost to keep something on the shelf that no longer is selling and costs more is taking up real estate so they order less, sell less, and maybe stop selling the product and have to make room for something that generates more sales.
It's a dumb tax, just like the tax on bottle deposits here in CT. Towns would profit more from putting bigger and more abundant recycle bins, single stream it and collect revenues from the materials processed for resale (metals, glass, plastics, etc.) Why not invest in something more long term than this.
It didn't take a math guy very long to figure that one out, huh?
Sounds like quite a profitable venture to me.
Yep. In NYC when they put a massive tax on cigarettes the mafia started buying Uhauls full of cigarettes from NJ Indian land sellers (no tax) for about $20 a carton. In NYC with tax they'd have been $75 or so.
Mafia was selling them like hot cakes for somewhere inbetween and more than doubling their money.
What will SNAP recipients do? Soda is their #1 purchase.
I would suggest those numbers are inflated this may increase. I suspect a lot of those soda purchases are made to be resold. e.g. the card holder buys huge quantities at the retailer and then resells it to the small market in their neighborhood for 50 cents on the dollar. The soda can them be resold to EBT cardholders or for cash. With this huge tax on them the cash would be very lucrative because they can pocket the tax.
Anything that helps with the obesity crisis in America is a good thing. I'm going to hate seeing the social and healthcare costs in the US in 20-30 years due to all of the overweight people.
You already hate freedom, what's one more thing to hate.
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