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Tax Tips & News: sugary

Can A Tax Help Combat Childhood Obesity?

4 minutes read

Could A Tax On Sugary Foods Help Combat Obesity?

Childhood obesity is a complex issue, ad medical experts and social scientist have been in a gridlock about how to fix the problem for years. Now some economists argue that taxing junk foods could tip the scales in the right direction. One study by the University of North Carolina showed that a 10% price increase on soft drinks and pizza caused customers to consume far fewer calories from these items. A $1.00 price increase for soft drinks...

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