Philly's new sugary drink tax

Chris0nllyn

Chris0nllyn

Well-Known Member
At a rate of $0.015 per ounce, sugary drinks are now more expensive than beer.

On January 1st, the controversial Philadelphia soda tax took effect. It is levied at a rate of 1.5 cents per ounce, which is 24 times the tax levied on beer in the state of Pennsylvania. This stark new tax has prompted a few interesting reactions on Twitter as customers are starting to see just how large the effects on prices of sweetened beverages in the city are.
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A 12-pack of sports drinks is now more expensive than beer. Here’s a 12-pack of Propel energy water versus a 12-pack of Icehouse beer. Before sales taxes, 12 Propels is $5.99 plus $3.04 in soda taxes for a total of $9.03 (and that's when it's on sale for $1 less than the $6.99 standard). The 12 Icehouses are $7.99, beer tax included.
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http://taxfoundation.org/blog/sports-drinks-are-now-more-expensive-beer-thanks-philadelphia-soda-tax

Believe it or not, CBS Philly admitted:
The city is reminding shoppers that the intent of this law was to tax the distributors of sugary drinks. However, that is being passed on to the customers and in some instances, the cost related to this tax is higher than the soda itself.
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Philadelphia plans to use the added revenue to fund pre-k and make improvements to parks and libraries. On day four of the tax that the city has imposed on distributors, there is widespread finger-pointing on exactly who should be picking up the tab.

“A little bit of the confusion that we’re seeing is that even though the law doesn’t require this, some retailers are opting to pass along some, or all, of the cost of the tax,” said Marisa Waxman, the city’s revenue commissioner.

We found that in mostly all cases, this new tax on distributors was being passed on to the customer.

Anthony Campisi represents the American Beverage Association locally.

“Everybody testified before city council that this tax would be passed on,” Campisi said.
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http://philadelphia.cbslocal.com/2017/01/04/sticker-shock-sugary-drink-tax/#.WG190sEXpVs.twitter

Twitter reactions are hilarious. With one even showing people which stores are outside of city limits and not subject to the tax.
https://twitter.com/SalenaZito/status/815915662325547008/photo/1
https://twitter.com/howardeskin/status/816801835482746881/photo/1
https://twitter.com/GayPennPatriot/status/815992767520317441/photo/1
 
Hijinx

Hijinx

Well-Known Member
Chris0nllyn said:
At a rate of $0.015 per ounce, sugary drinks are now more expensive than beer.




http://taxfoundation.org/blog/sports-drinks-are-now-more-expensive-beer-thanks-philadelphia-soda-tax

Believe it or not, CBS Philly admitted:



http://philadelphia.cbslocal.com/2017/01/04/sticker-shock-sugary-drink-tax/#.WG190sEXpVs.twitter

Twitter reactions are hilarious. With one even showing people which stores are outside of city limits and not subject to the tax.
https://twitter.com/SalenaZito/status/815915662325547008/photo/1
https://twitter.com/howardeskin/status/816801835482746881/photo/1
https://twitter.com/GayPennPatriot/status/815992767520317441/photo/1
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How stupid can the people who passed this tax be. OF COURSE they pass on the tax to the consumer.
Any tax on business is passed on to the consumer.
 
itsbob

itsbob

I bowl overhand
Hijinx said:
How stupid can the people who passed this tax be. OF COURSE they pass on the tax to the consumer.
Any tax on business is passed on to the consumer.
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A simple concept lost on democrats.. again.. and again.. and again... and again.

In the end they'll (Philly) lose revenue as they'll just outside of the city to get their sugary drinks, and while there they may as well do the rest of their shopping..

Taxes like this NEVER produce additional revenue, and usually produce negative revenue.. The cost of implementing the tax, collecting the tax in addition to people buying product elsewhere.. They'll lose money .
 
Larry Gude

Larry Gude

Strung Out
Chris0nllyn said:
True. While some can simply leave the city limits, people will still pay for this #### and the lawmakers estimate $90 million in extra revenue.

You know, for the kids (pre-k).
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Well, and all the business leaders are gonna support support for the families so they an keep buying liquid death. So, it's a win/win; the kids all continue to suffer and be dependent and business is conducted.
 
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