Sugar and soda taxes to fight obesity

The Wages of Sin Taxes

As of Chancellor George Osborne’s March 16 budget, the sugar tax is set to return to Britain. This time it will take the form of a sin tax, levied to both discourage and profit from an act purported to be harmful to society. Osborne and some pro-sugar tax activists hope the move will help reduce obesity––especially childhood obesity––in Britain, and some of the revenues are intended to go toward physical-activity programs for children. Under the plan, by 2018, sugary drinks will be taxed based on the amount of sugar they contain, with some exemptions for fruit juice and milk. ….[READ]

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