UNEXPECTEDLY: Soda Taxes Hit Poor the Most. “Taxes imposed by Democrats have made soda more expensive than beer.”
via freebeacon: Taxes levied per ounce on sugary drinks by Democrats in Berkeley, Philadelphia, and Seattle are even more regressive, according to the study. The middle class would pay the most if Congress passed a nationwide soda tax, as two-thirds of its revenue would come from those earning between $20,000 and $100,000. If an excise tax … Read more