‘Soda Tax’ Impact: Philadelphia Residents 40 Percent Less Likely To Drink Sugary Soda Each Day After New Tax
Philadelphia residents were less likely to drink sugary soda each day after the launch of a beverage tax of $0.015/ounce on sugar and sugar-substitute beverages last year, a new study from Drexel University researchers has revealed. The new tax on nonalcoholic sweetened beverages was levied on distributors and came into effect on January 1, 2017. It was considered one of the steepest in the U.S. and was estimated to raise the price of diet soda, energy drinks, and sugary fruit juice beverages by 20 percent.
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