Fat Tax Could Be Panacea For Health Reform
Wednesday, July 29, 2009 - 04:07
in Mathematics & Economics
One way President Barack Obama hopes to reduce soaring health care costs is through promotion of overall wellness. There's a related idea cooking in Washington: a fat tax. According to a study by experts at the Urban Institute and the University of Virginia, a 10% excise or sales tax on fattening foods could raise $522 billion over the next 10 years.
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