Soda Tax

I've written about a so called, "fat tax" in previous posts.  Another concept thrown around every few years is the idea of a "soda tax."  Proponents argue that taxing sodas approximately 1 cent per ounce would "kill two birds with one stone."  First, it would raise much needed revenue.  Second, it would potentially decrease soda consumption and improve the health of individuals in that area.

While there has been some debate on the efficacy of a soda tax, it's been in the news recently as Washington DC recently wrestled with the idea of implementing a soda tax within the district.  

I read this Wall Street Journal blog recently that shared some good information and wanted to pass it along.