While the UK’s sugary drink tax targets childhood obesity, it could also be creating a host of demand related incentives with unintended consequences.…
Berkeley's Soda Tax Surprise
Because Berkeley’s sugary drink tax has had little impact on price, researchers suggest that lawmakers insufficiently considered elasticity and incidence.…
Problems With Sugary Drink Taxes
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.…
New Soda War Battles
“It’s worth fighting for. . . . This is about our economy, it’s about jobs, it’s also about our traditions and our values.” The speaker was John Kerrey and the topic was the cranberry. Worried that su…