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Soda tax proposed in the U.K.

U.K.'s Academy of Medical Royal Colleges proposes a new 20% tax on sugary drinks in an effort to reduce the nation's obesity rate.

The group maintains the obesity rate in the U.K. in the second highest in Europe.

Related stocks: KO, PEP, DPS, SODA.

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Comments (8)
  • Drew Robertson
    , contributor
    Comments (372) | Send Message
    This is an unwarranted intrusion on the relationship between soda pop companies and their customers. What's next? Taxes on cigarettes? Beer?
    11 Nov 2013, 08:56 AM Reply Like
  • Drew Robertson
    , contributor
    Comments (372) | Send Message

    11 Nov 2013, 01:54 PM Reply Like
  • richjoy403
    , contributor
    Comments (11852) | Send Message
    That governments use tax policy to influence the behavior of its citizens is long established (consider for example mortgage and charitable deductions, various excise taxes, and credits for purchase of hybrid cars).


    That such efforts may expand is troublesome to myself...but obviously not to many others.
    11 Nov 2013, 09:25 AM Reply Like
  • Jake2992
    , contributor
    Comments (846) | Send Message
    They should be responsible for their poor decisions which, in a public healthcare system, cost taxpayers. Diabetes is a very expensive illness, which should I have to pay for the fatties? richjoy, that's for you...
    11 Nov 2013, 11:15 AM Reply Like
  • Red RuffnSore
    , contributor
    Comments (13) | Send Message
    Tax, tax, tax. The problem is that govt. has yet to see a source of funds it hasn't wanted to get its hands on. Concern for health provides a plausible cover. When will we ever cross the widening chasm from more, more, more to ENOUGH?
    11 Nov 2013, 11:54 AM Reply Like
  • reinaam
    , contributor
    Comments (43) | Send Message
    Just another way to justify adding a tax to the consumer. If surgery soda is so bad, ban it! Haven't seen them ban cigarettes because they like collecting the tax!
    11 Nov 2013, 01:01 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (372) | Send Message
    Good idea. Rather than taxing consumers, put a HST (Health Subtracted Tax) on KO, PEP, MO,WMT,KR et al to make up for the cost to the healthcare system from lung cancer, diabetes, etc. that taxpayers are footing now.
    11 Nov 2013, 01:07 PM Reply Like
  • wwilliamss
    , contributor
    Comments (62) | Send Message
    That medical college is not a lawmaker.....
    Lets see what happen.
    Many food items are not healthy.... the consumer and taxpayers will decide at last with elections .
    You can do added taxes on so many products, including cars..??
    Cars so dangerous.
    Also added taxes on being born??. Life is also dangerous.
    11 Nov 2013, 10:10 PM Reply Like
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