Tag: elasticity of demand

Escaping Philly’s Soda Tax »

On January 1, the city of Philadelphia enacted a soda tax, or a “Sweetened Beverage Tax ” (SBT). The new policy levies a tax of 1.5 cents per ounce on most drinks containing a sugar-based sweetener or artificial sugar substitute (e.g. high fructose corn syrup). The following infographics from the Philadelphia Inquirer show the...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org