November 25, 2020
When the fight against obesity comes down to a battle against chocolate consumption, winning will be tough.
When the fight against obesity comes down to a battle against chocolate consumption, winning will be tough.
Because Berkeley's sugary drink tax has had little impact on price, researchers suggest that lawmakers insufficiently considered elasticity and incidence.
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.