Login

The Iron Clad Stupidity of a Soft Drink Tax

Share on Facebook Tweet on Twitter

on Wednesday, 16 August 2017 08:03

A 1 1/2 cent per ounce tax on soft drinks promising to fund pre-kindergarten programs with the proceeds led to some very predictable outcomes. First, sales of soft drinks plunged, the revenue projected from the tax is down, big layoffs in soft drink producers and deliverers occurred, beer consumption rose and less than half the money raised went to pre-kindergarten programs!

....also from Michael: Trudeau Government Makes Hollow Demands

et

 

 


Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Our Premium Service:
The Inside Edge on Making Money

Latest Update

If It Ain't Broke, Don't Fix It

This month I update two long-time favourite stocks from our Canadian Growth Stock Research -  Boyd Group Income Fund (BYD.UN:TSX) and Enghouse...

- posted by Ryan Irvin

Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Josef Mark Leibovit Greg Weldon Ryan Irvine