January 14, 2019

PHILADELPHIA SODA TAX: LITTLE REVENUE, LOST SALES, AND UNCHANGED SUGAR CONSUMPTION. How bad is it? This bad:

So it came to pass that the federal government is giving poor Philadelphians benefits with which to buy soda that is being taxed as though it were liquor by Philly’s municipal government. Unexpected side effect to that detail: Now that beer is, in some cases, cheaper than soda in Philadelphia, alcohol sales are up sharply.

Read the whole thing.

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