<p>Tax Foundation Report Examines Tax on Sugar-Sweetened Beverages</p>

Tax Foundation Report Examines Tax on Sugar-Sweetened Beverages

Tax Foundation

“If a nationwide tax were levied on sugar-sweetened beverages, about two-thirds of the revenues would be derived from middle-income households between $20,000 and $100,000, assuming these income groups would have similar behavioral adjustments to such a tax,” and an excise tax based on fluid ounces would be even more regressive, the Tax Foundation said in a June report.

<p>“If a nationwide tax were levied on sugar-sweetened beverages, about two-thirds of the revenues would be derived from middle-income households between $20,000 and $100,000, assuming these income groups would have similar behavioral adjustments to such a tax,” and an excise tax based on fluid ounces would be even more regressive, the Tax Foundation said in a June report.</p>