A new health policy report published by the New England Journal of Medicine proposes "an excise tax of 1 cent per ounce for beverages that have any added caloric sweetener."
A tax of 1 cent per ounce of beverage would increase the cost of a 20-oz soft drink by 15 to 20%.
The revenue generated from a tax on sugar-sweetened beverages would be considerable and could be used to help support childhood nutrition programs, obesity-prevention programs, or health care for the uninsured or to help meet general revenue needs.
A national tax of 1 cent per ounce on sugar-sweetened beverages would raise $14.9 billion in the first year alone.
What say you, America? Yea or Nay?
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