Britain is about to try something that’s been discussed and discarded in many U.S. locales — a tax on sugar-sweetened beverages. the tax begins this month (April) and amount to about the equivalent of none to 12 cents per can depending on sugar content.
That means soda makers and others will pass those costs on to consumers. The tax money collected is supposed to go to promote sports in British schools, reports FoodandDrink Europe.com.
Will the tax get companies to cut sugar content? This Q&A speculates that it would cost major producers like Coke more to reformulate than they may lose in sales because of the tax. Continue reading “The UK has a sugar tax coming, will there be one in the US too?”