President Obama thinks taxing soda is "an idea that we should be exploring." I guess Obama must think only rich people drink sugary drinks. He did promise not to raise taxes on anyone making less then $250 thousand a year. Of course he broke that promise when he signed an law raising taxes on cigarettes. Be careful what sin you allow the government to tax. Yours may be next.
The NY Daily News reported:
The President, in an interview with Men's Health magazine released yesterday, said he thought taxing soda and other sugary drinks is worth putting on the table as Congress debates health care reform.
"It's an idea that we should be exploring," the president said. "There's no doubt that our kids drink way too much soda. And every study that's been done about obesity shows that there is as high a correlation between increased soda consumption and obesity as just about anything else."
1 comment:
This is a perfect example of what is wrong with government doing things it shouldn't. So our President is open to taxing drinks with sugar and high fructose corn syrup to make is more expensive.
YET the government subsidises the production of corn and sugarcane to the tune of hundreds of millions of dollars every year.
Why doesn't the President suggest eliminating subsidies for sugarcane and corn that is used for sugar production instead? If raising the price is ideal to reduce consumption then the government should stop spending all this money on being part of the problem.
I wonder what the reaction to subsidy elimination would be in Iowa and Florida. Change we can believe in?
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