Five More Cities Pass Soda Tax Measures

Five cities in the US have joined the ranks of Philadelphia and Berkeley, CA in the soda tax trend. Voters in San Francisco, Albany, Oakland, and Boulder passed measures that will tax nonalcoholic drinks containing caloric sweeteners at a penny-per-ounce rate. Boulder even imposes a 2-cents-per-ounce tax. According to Marketwatch, the penny-per-ounce tax could raise the price of soft drinks as much as 20% if the industry passes along the tax to the consumer.



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