Monday, January 7, 2019

Soda-Less In Seattle

What the soda tax is really about:
The tax was introduced as a way to encourage people to buy healthier drink options as an alternative to soda. Supporters compared it to existing taxes on cigarettes. According to a study by the city government before the implementation of the tax, the goal of the tax was to "help improve the health and well-being of children and the public's health more generally."

But according to the city budget, this has not been the case.

In just the first nine months that the tax has been in effect, it has raised nearly $17 million. This is $2 million more than the $15 million expected for all of 2018, which means that Seattle residents are buying more soda than anticipated. And their government is banking on that number going up, because revenue for the fourth quarter of 2018 has not yet been announced.
Health for local wealth...

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