7 years ago
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France tackles obesity by hiking 'soda tax' on sugary drinks
The cost of a can of soda or fizzy drink is expected to rise significantly in France after French MPs overwhelmingly backed a new hike in taxes on sugary beverages. "The only objective is to boost the health of children and reduce the risks of obesity and type 2 diabetes," said French MP Olivier Veran, who was behind the bill. The new tax, which is part of the government's 2018 Social Security budget, is an update of the initial "soda tax" that was brought in in 2013.
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That's interesting. With the elimination of EU price fixing of sugar in October, I would assume there would be a drop in the price of sugar. This may have a downward impact on the price of fizzy drinks.
It's a shame they can't just stop importing them.