Monday, August 4, 2014

YET ANOTHER TAX DREAMED UP BY A TAKER!

Submitted by: Doris Parker
04 Aug 2014

By Kevin Boyd.
Representative Rosa DeLauro (D-Connecticut) has found another revenue stream for the federal government: sugar-sweetened soft drinks. Whether you call it pop, soda or coke, DeLauro wants to impose a 1 cent excise tax per teaspoon of caloric sweetener (either sugar or corn syrup) used in sodas, sports drinks, energy drinks, and sweet teas.
Elizabeth Harrington of the Washington Free Beacon writes that DeLauro has gained the support of activists who banned smoking indoors and other health advocates who called sodas “toxic.” The goal is to reduce soda consumption in the country.

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