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Obama is gonna tax your soda...
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<blockquote data-quote="its_bacon12" data-source="post: 5951339" data-attributes="member: 558729"><p>I would argue the opposite, and I don't know what healthy subsitutes you're talking about that cost 2-3x..</p><p></p><p>Juices for example, unless you get the premium kinds, are about the same price as sodas are now, give or take a little.</p><p></p><p>Regardless though, the tax isn't enough for people to notice. $.03 is a very marginal amount and I highly doubt anyone would really notice a big difference other than the manufacturers who deal with massive volumes. Soda is elastic but it's an insignificant amount that's only material in large volumes, unless retailers take advantage of it and raise prices 10 cents and pocket the 70% remaining.</p><p></p><p>It's all speculative anyway right now as to what may happen.</p></blockquote><p></p>
[QUOTE="its_bacon12, post: 5951339, member: 558729"] I would argue the opposite, and I don't know what healthy subsitutes you're talking about that cost 2-3x.. Juices for example, unless you get the premium kinds, are about the same price as sodas are now, give or take a little. Regardless though, the tax isn't enough for people to notice. $.03 is a very marginal amount and I highly doubt anyone would really notice a big difference other than the manufacturers who deal with massive volumes. Soda is elastic but it's an insignificant amount that's only material in large volumes, unless retailers take advantage of it and raise prices 10 cents and pocket the 70% remaining. It's all speculative anyway right now as to what may happen. [/QUOTE]
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Obama is gonna tax your soda...
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