This Soda’s Flat
In January, Philadelphia became the first major American city to institute a sugary drinks tax of 1.5 cents per ounce. That amount might seem insignificant, but it resulted in a dollar price hike for some 2-liter bottles.
[E]ight months in, we’ve got our hands on some data.
So has the tax accomplished its goals?
Well, if the main purpose was to generate revenue for city programs like pre-K and libraries, then no. Philly came up about 15% short of its target.
Ok, that must mean Philadelphians must be drinking fewer sugary
drinks, right? Not necessarily—they might just be buying soda elsewhere.
Although carbonated soft drink sales decreased by 55% in Philly grocery
stores, they rose by 38% just outside the city’s borders.
(BroBible.com)
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