Soda Tax A Sweet Deal For Philly

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a philidelphia tax on sweetened drinks is bringing in huge revenues for the city. According to CBS news, the city’s sweetened-beverage tax raised $5.7 million in January, more than double what city officials had projected. The 1.5 cent-per-ounce tax on sweetened and diet beverages pays for nearly 2,000 pre-kindergarten slots as well as other programs. Other U.S. cities also are moving to tax sugary drinks, including San Francisco, Oakland and Albany, California; Seattle; and Boulder, Colorado.

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