Even A 20 Percent Soda Tax Would Barely Impact Obesity
Friday, November 1, 2013 - 11:40
in Mathematics & Economics
How much impact can taxes and bans have on the conduct of people? Quite a lot. A 500% tax would clearly reduce demand while outright bans of desired products keep law-abiding people from using a product - and make the others rich. In defiance of well-established history of resentment about government steering drink choices for freedom-loving westerners - the UK lost a whole colony when they decided to force their subjects to buy only the brand of tea elites wanted them to buy(1) - a subset of progressive social authoritarians maintain that higher taxes on soda drinks, juices, etc. would fix obese people, despite data showing it has never once worked. read more