PepsiCo Halting Sales of Six-Packs & Two-Liter Bottles in Philadelphia, Citing City’s New Soda Tax


KenK's picture

At $0.015 per fluid ounce that adds over $1 to the price of any two-liter bottle subject to Philly's soda tax. People aren't gonna stop drinking soda, they'll just buy as much as they can outside the city like NYC people do with cigarettes. And if this tax starts going higher to make up for unexpected shortfalls in collections, organized smuggling operations will spring up. How about a lying politician tax? For every provable falsehood a Philly pol gets caught in, 1.5 percent of his/her pay is withheld and returned to the treasury? Seems fair to me.