tag:blogger.com,1999:blog-3585028625507474093.post2158425572658454005..comments2023-10-17T15:56:22.827+01:00Comments on Velvet Glove, Iron Fist: The trivial impact of Mexico's soda taxChristopher Snowdonhttp://www.blogger.com/profile/15963753745009712865noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3585028625507474093.post-7346694418081576382014-10-15T14:31:59.819+01:002014-10-15T14:31:59.819+01:00The San Francisco ban, once the morons approve it,...The San Francisco ban, once the morons approve it, will also be applied to fast food and restaurant sugar/soda drinks, not just canned drinks from major distributors.Anonymoushttps://www.blogger.com/profile/02535470096287357880noreply@blogger.comtag:blogger.com,1999:blog-3585028625507474093.post-14941897838551152772014-10-15T14:28:36.256+01:002014-10-15T14:28:36.256+01:00San Francisco soda tax, which will probably be app...San Francisco soda tax, which will probably be approved by the voting morons in November, will be 2-cents per ounce. Thus a 12 ounce can retailing for $1 to $2 will have 9% sales tax plus 5-cent deposit/tax (tax because they make recycling for reimbursement difficult to impossible but easy to recycle back to the city, who then collects the 5-cent refund of deposit, on top of the original deposit, thus essentially non-refundable "tax"), plus 12 oz x 2-cents = 24-cents soda sugar tax. And, for a 6 pack selling for $5, that will be 6 x 12 oz x 2-cents = $1.44, or 29% tax (plus 9% sales tax plus 5-cent deposit/tax). The promoters of the San Francisco sugar/soda tax claim that others are not taxing it high enough to make a dent in sales - thus they are proposing to tax at the excessive rate of 2-cents per ounce, to make certain they make a dent in sales - which means all people in San Francisco might pay the tax daytime during work hours for going out for lunch locally, but for grocery and bulk buying, they will buy out of town in adjacent counties and cities - until such time they "close the loop holes" and Jerry Brown eventually makes it a state-wide ban, as he is doing currently with plastic bags.Anonymoushttps://www.blogger.com/profile/02535470096287357880noreply@blogger.comtag:blogger.com,1999:blog-3585028625507474093.post-91647815102618227652014-10-15T07:04:15.902+01:002014-10-15T07:04:15.902+01:00More objectively, however, this is a very feeble o...<i>More objectively, however, this is a very feeble outcome from a major tax initiative in a low income country.</i><br /><br />Well the answer to that is blatantly obvious - the tax rise patently wasn't high enough, so let's have more of the same. <br /><br />Expect calls for an additional 20% tax hike. After all, it's for their own good...<br /><br />As an aside, I notice that COP6 has, behind closed doors, decided that all those signed up to the FCTC will be required to levy an additional 70% (???WTF???) tax on tobacco products. Who will be the beneficiary of this swingeing tax hike, I wonder? Heaven forbid that the WHO should get their fanatically corrupt little mitts on it - they'd run riot, to the detriment of all.nisakimanhttps://www.blogger.com/profile/04563041282703559939noreply@blogger.com