In essence, there is nothing wrong with [sugar], it depends on how your diet is. In some products it makes more sense, in others not. I personally am very mindful of my sugar intake. But I don’t need a tax for that, nor do poor people need a tax for that. Poor people need to be helped not being poor, that’s probably a bigger thing than anything else.
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Our research has generally concluded that soda taxes are narrow, punitive taxes that are a budget risk not likely to solve America’s health issues. They’re a misguided attempt at solving a multifaceted health problem and will introduce many unintended fiscal consequences.
Early evidence casts serious doubt on whether sugary drink taxes have ‘progressive’ health benefits either. Low-income consumers do not seem to have particularly elastic demand for sugary drinks. Even if they enjoyed disproportionate health gains from sin taxes, they would still suffer a net loss to their welfare and the tax would remain regressive in the traditional sense.
I'm a liberal. I'm interested in economics, technology and food. I used to run @ASI and I inve
A tax on sugary soft drinks is the first step on the road to fat taxes and sugar taxes more generally. It makes little sense to tax sugary drinks on their own, rather than sugar more generally – a couple of Mars bars are just as bad as a bottle of Coke – but the Chancellor probably reckons that the public won’t care if he only targets soft drinks. Once the tax is in place, he will follow the lead ...See More
A tax on fizzy drinks seems more likely to provoke a public backlash than many other taxes on unhealthy products. Smokers and drinkers have been become inured to high levies on their lifestyle choices. By contrast, a large bottle of pop is a standard part of an average family’s shopping and, if consumed sensibly, has no measurable health impacts. Allowing your kids a glass of cola with their lunch...See More