sin tax

Will The Soda Tax Do Anything To Curb Obesity?

Will The Soda Tax Do Anything To Curb Obesity?

There’s a movement in New York to have the state pass a so-called “soda tax” that impose taxes on soft drinks containing more than 10 calories per 8 ounces. Among the beverages included would be just about all non-diet sodas, sports drinks, energy drinks, sweetened coffees and teas (only in bottles), and fruit and vegetable juices containing less than 70% natural juice. According to the ads being run by the supporters of the tax, the goal is to curb childhood obesity. But will it really work? [More]

NJ Gov Interested In Fast Food "Sin Tax"

NJ Gov Interested In Fast Food "Sin Tax"

Not being able to afford to eat at restaurants that don’t have a dollar menu may become a sin in NJ, says the Associated Press. Jon Corzine, the governor of a state in which gambling is legal, is considering a suggestion to levy a “sin tax” on fast food in order to help save NJ’s underfunded hospitals.