Posts tagged as:

soda tax

Will Danes Influence US Tax Policy? Fat Chance.

3 October 2011

There’s no way round it: Americans are getting fat. According to the CDC, there has been a “dramatic increase in obesity” over the past twenty years. Across the country, about a third of all adults are classified as obese, meaning that they have a Body Mass Index (BMI) of 30 or higher. To put that [...]

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Cheers for a Soda Tax?

15 June 2011

Americans love their soda. According to the Center for Science in the Public Interest (report downloads as a pdf), in 2004, the average American consumed 37 gallons of carbonated, non-diet soft drinks. That works out 59,000 calories – or roughly the equivalent of 17 pounds in one year. In good news for the soda industry, [...]

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Paterson’s Take on the Budget: “Everyone is Tired of This”

26 July 2010

New York has a problem: there’s no budget. The budget was due on April 1. Almost four months later, the budget still sits on the table, with no resolution in sight. It has not put Governor Paterson in a good mood. Addressing the press, he said, “I know it’s summer and everyone is tired of [...]

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Forget Soda: NY Moves to Fill Budget Hole with Wine

27 June 2010

After trying for two years – and gaining support from New York City Mayor Bloomberg (I) – New York Governor Paterson (D) had to think that there was a chance to get a soda tax pushed through the legislature. His proposal to add a penny per ounce tax to the cost of sodas was met [...]

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Philadelphia Real Estate Taxes On Their Way Up

14 May 2010

I woke up this morning to grumblings on Facebook about Philadelphia’s budget deal: a “temporary” 9.9% increase in property taxes. The “temporary” (cause who really believes it will be temporary?) increase is an effort to plug a $150 million deficit in the city’s budget. The boost was approved by City Council and Mayor Nutter is [...]

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“The Onion” Coverage of the Soda Tax

14 March 2010

It turns out that more states and localities are considering a soda tax to raise money fight obesity. For a laugh, check out The Onion‘s coverage.

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NY Closer to Soda Tax?

8 March 2010

DOH! This version has been corrected. My original source indicated that the proposal was targeted to the city (like Philly) and not the state. Apologies for the error. Just days after Philadelphia Mayor Michael Nutter announced plans for Philadelphia to tax soda, New York’s Mayor Michael Bloomberg signaled that his city supports state efforts to [...]

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Don’t be too smug, Colorado: Philly can increase taxes with the best of them…

4 March 2010

Just a week after I reported that Colorado was moving to increase taxes on its sugary drinks, Philadelphia Mayor Nutter is expected to announced a new tax on sugary drinks. Nutter plans to present his 2010-2011 budget on tomorrow. Expected to be included is a 2 cents per ounce tax on sugary drinks. That’s right: [...]

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