Taxing The Sugary Stuff? Ctd

Jonah Lehrer is all for a soda tax:

Just look at cigarettes: If you want to decrease the numbers of smokers, raising the price of cigarettes is the only proven solution. In fact, a 10 percent increase in the price of cigarettes causes a 4 percent reduction in demand. Teenagers are especially sensitive to these price changes: a 10 percent increase in price causes a 12 percent drop in teenage smoking... And let's not forget that nicotine is an extremely addictive substance. (While high fructose...

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Published on July 09, 2010 11:20
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