NY Governor David Patterson and Mayor Michael Bloomberg are implementing a four cent per ounce tax on sugary beverages. The tax is an effort to raise funds for medicaid, but also an attempt to cut obesity. Many companies, Coke chiefly among them, are calling the tax unfair. The tax, which was instated on April 1, is estimated to raise $465 million.
I'm not a big soda fan, but i still believe this tax ridiculous. Before blowing holes in our pocket books, the government should try cutting their own income. In this economy, people have a hard enough time affording the bare necessities. And if it's to target obesity, why can't scrawny fellows like myself be exempt? I agree with the big corporations for once and call this tax unfair.
Subscribe to:
Post Comments (Atom)
This tax on soda is ridiculous. There must be better ways for the government to raise money to fund medicaid. The government is supposed to have money stored for these programs. Additionally, if the government's plan is to cut obesity by taxing unhealthy food products wouldn't putting greater taxes on fast food make more sense? Either way taxes on unhealthy foods is just another excuse for the government to take our money.
ReplyDeleteI am also not a big soda fan, but this tax is absurd. There are other ways to save money or to be more productive with the money that NY spends. Corruption needs to be fought and anyone paid on a government salary should be working and not slacking off.
ReplyDelete