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Buried In The Fine Print....A Soda Tax?

Looks like the Obama health care plan could be financed by our fridges full of pop and energy drinks.

To pay for an estimated $1.2 trillion price tag on Obama’s health care plan, the Senate Finance Committee will begin hearing proposals to generate funds. One idea being floated is an excise tax on soda, fruit drinks, and energy drinks that could haul in $24 billion over the next four years if a 3-cent tax is imposed on the beverages.

Link to the WSJ.com

Posted on Sunday, July 12 by Registered CommenterWise Owl | Comments Off