The soft drink industry has successfully stopped a plan that aimed to tax sugared beverages, the Los Angeles Times reported. Advocates had said the proposed tax would have reduced obesity and helped finance healthcare reform. And public health advocates assumed the tax would accepted by congressional Democrats searching for revenue to fund expanded health insurance…
The NY Coalition and CFF Speak Out on Proposed Sin Taxes
New Yorkers Against Unfair Taxes, a coalition formed in opposition to taxes on food and beverage products, today announced its disappointment in Governor Paterson’s proposal to place a tax on sugar sweetened beverages of 12 cents per 12-ounce can. This tax would be 10 times higher on a 12 pack of non-alcoholic beverages, like soft…