Here’s the problem with “sin” taxes, like those on alcohol, tobacco, and fizzy beverages: You can use those taxes to raise money for a specific purpose, or to encourage citizens to consume less of the thing being taxed, but you can’t hope for both. That’s what Philadelphia has learned as its tax on sweetened beverages has failed to raise as much money as the city hoped. [More]
it’s always fizzy in philadelphia
Here’s What You Should Know About Philadelphia’s New Tax On Soda
By 6.17.16 — Updated: 1.4.17
Philadelphia is just the second municipality in the United States (after Berkleley, CA) to pass a tax on sugary beverages, though dozens of places have tried it. Well, okay, but what does that mean for soda drinkers in Philadelphia, and could your city or county be next? [More]
