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New York State - New Soda Tax

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Old 11th March 10   #41
HappyOldGuy
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Depends on whether you can get enough from other sources. It doesn't take much, but that is why they started putting iodine in salt.
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Old 11th March 10   #42
Cullion
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New York wants more revenue. I don't know how much room they have to cut spending. Better a tax on sodas than a hike in income or employment-related tax, for a given overall tax burden.

I doubt if an extra cent will change how much soda anybody drinks enough to postively impact their health. There's a measurable thing called 'price elasticity', and this is a straightforward test of it.
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Last edited by Cullion : 11th March 10 at 05:52 PM.
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Old 11th March 10   #43
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Removing salt isn't going to add any revenue, is it?

Btw, don't only eat rabbit...
http://en.wikipedia.org/wiki/Rabbit_starvation

Here's a more amusing account, but I don't know if we can embed Videosift

http://www.videosift.com/video/QI-Wh...ing-but-rabbit
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Old 13th March 10   #44
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Quote:
Originally Posted by Cullion
New York wants more revenue. I don't know how much room they have to cut spending. Better a tax on sodas than a hike in income or employment-related tax, for a given overall tax burden.

I doubt if an extra cent will change how much soda anybody drinks enough to postively impact their health. There's a measurable thing called 'price elasticity', and this is a straightforward test of it.

New York State is in a lot of trouble with their finances, and I felt it went without saying that the biggest reason that this tax is occuring now is an effort to try and protect the state infrastructure. That being said I still feel there are positive aspects to a soda tax which I stated earlier. Also, I don't necessarily think it's a bad thing to protect civil or social service infrastructure at a time when the economy in the garbage and there is a greater need for these things.
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Old 13th March 10   #45
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Old 13th March 10   #46
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