Tuesday, December 18, 2007

Tax Everything - Tax on Sugary Drinks


SAN FRANCISCO, California - For years, the idea of taxing soda to beat back obesity has been tossed around in medical circles. But now, San Francisco Mayor Gavin Newsom is proposing a tax on beverages high in fructose corn syrup.
Newsom says obesity accounts for tens of millions of dollars in city health care costs. He cites a recent San Francisco Health Department survey that found nearly a quarter of the city's 5th, 7th and 9th graders were overweight and that high sugar drinks make up a tenth of a kid's daily calorie count. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Just Because Baskets