Illinois
Related: About this forumA new tax on sodas, sugary drinks? It might be part of Illinois budget deal
A proposition to tax sugary beverages is being revived as part of the Illinois Senate's "grand bargain" to pass a state budget.
Senate Bill 9 will tax any beverage that has five grams of sugar or more, meaning drinks like soda and certain juices will be affected. The bill requires distributors to impose a penny-per-ounce tax on retailers, which would produce an estimated $560 million for the state.
The tax isn't the only revenue-generating legislation the Senate is considering as part of its budget compromise. There's also an income tax increase that aims to generate $4.1 billion.
Health care advocates view the beverage tax as a responsible revenue generator. But soft drink representatives say SB9 would have dire consequences, not only for prices, but also employees in the industry.
Read more: http://www.sj-r.com/news/20170118/new-tax-on-sodas-sugary-drinks-it-might-be-part-of-illinois-budget-deal
The_Voice_of_Reason
(274 posts)taxing my cigarettes, my wine, my beer and my Scotch, so I am fine with sin taxes on surgery drinks, Pop Tarts, even the beloved Hot Pockets.
Doomy_Tunes
(4 posts)Good idea to tax sugar, or even more worse is HFCS.
I think an excise tax works best and show the price on the shelf so people will be aware of the difference and not surprise them at the register.
Boulder, & Berkeley don't tax sugar-free and this encourages innovation as we're already see taking place in the U.K. as reformulations reduce sugar content.
mopinko
(71,802 posts)is this just ruiner's way of poking cook county dems?