sugary drinks

The title of this post is an oxymoron or a figure of speech in which contradictory terms appear in conjunction with each other. Although raising taxes may seem like it is good for your health from the standpoint of the government, it is certainly not good for your financial health if you enjoy sugary drinks.

Excise taxes on sugary drinks are more common these days than ever before given the increase of diseases like diabetes on populations around the world. You may find this report from the Legislative Analysts Office on Taxation of Sugary Drinks interesting.

We often are unaware of all the taxes on the things we consume each day and how the government views these taxes. It is an interesting perspective you may want to learn more about.

Your comments are most welcome.

Click On This Link To Read Report