Soda Tax Could Reduce Weight and Raise Revenue

A new analysis has revealed that millions of people would lose a pound a year or more a year if large taxes were added to the cost of soda and other sugar-sweetened beverages.

A soda tax of 20 to 40 percent would also generate between $1.5 billion and $2.5 billion in annual tax revenue. But the even the 40 percent tax would only cost the average household about $28 a year.

USA Today reports:

“The idea of a substantial tax on soda and other sugar-sweetened beverages has been the subject of hot debate in recent years among national, state and local policymakers. Public health advocates have been pushing for a hefty tax as a way to reduce consumption of these products to help people lose weight and become healthier. Currently, two-thirds of people in [the U.S.] are overweight or obese, which is linked to an increased risk of heart disease, diabetes, cancer and many other health problems.”

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