We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Soda tax in the US - Essay Example

Comments (0)
Summary
Both the public and the government stand to benefit from the soda tax. Taxing soft drinks generates revenue for the government, which helps offset other expenses in the budget. Taxation makes soft drinks more expensive limiting their accessibility and consumption…
Download full paper
GRAB THE BEST PAPER
Soda tax in the US
Read TextPreview

Extract of sample
Soda tax in the US

Download file to see previous pages... Statistics show that more than one third or 35.7% of adults in the US are obese and suffer from obesity-related conditions such as diabetes and coronary diseases. Obesity prevalence varies across different states whereby, in 2002, all states had a prevalence of more than 20% with the prevalence ranging from 34.7% in Louisiana to 20.5% in Colorado. Furthermore, the federal’s annual medical expense of obesity as of 2008 was $ 147 billion dollars (CDC, 2013). Prompted by the rise in obesity in the country, different researchers have hypothesizes different causes and suggested solutions aimed at mitigating the harmful social and economic effects of obesity. The soda tax is one such suggestion; however, not all agree on the possible benefits likely to result from the taxation of soft drinks.
Whether or not adopting the soda tax in the US proves sufficient in reducing the obesity rate in the country remains a controversial issue for those for and against the tax policy. Proponents for the tax base their argument on credible research findings, which indicate that taxing soft drinks reduces high caloric intake minimizing an individual’s probability of developing obesity. First introduced as an abstract idea by the Director of Rudd Center for Food Policy and Obesity (RCFPO) Kelly D. Brownell in 1994, the soda tax aimed to improve public health while simultaneously raise revenue in the US economy. Later studies done in Yale University by the RCFPO in 2011 indicated that a penny-per-ounce levy on soft drinks would function to reduce consumption by 13%, which resulted in the elimination of 8,000 calories from a regular, American’s diet annually....
inancial implication of obesity as a reason for taxing soft drinks, which many researchers have hypothesized as one of the leading causes of obesity in the US. Revenue generated from taxing soft drinks proves beneficial for the federal and state governments whereby, governmental officials can use the funds to offset financial deficits in the budget. A survey done by the U.S Department of Health and Human Services in 2012 indicated that taxing soft drinks would generate revenue of $ 14.9 billion dollars within the first fiscal year alone (Fletcher et al, 2010). Conversely, those against the tax policy sight poor lifestyle habits such as living a sedentary life and poor nutrition (high cholesterol diet) as major causes of obesity, which if not addressed would render taxing soft drinks inefficient in minimizing the obesity rate within the country. Research done by Fletcher and colleagues in 2009 aimed at examining the impact of fluctuating soda tax in different states on body mass index (BMI) revealed that soft drinks consumption accounted for 7% of total energy intake. They concluded that if taxed at the average taxation rate of tobacco (58%) the mean BMI of the US population would only decrease by 0.16 points reducing obesity in the population by 0.7% (Fletcher et al, 2010). This showed that soft drink taxes’ influence on BMI is minimal and does little to decrease obesity in the population. Furthermore, those against this policy are of the opinion that taxation of soft drinks does not limit their accessibility because many are willing to spend more money for their preferred luxury items such as soft drinks. In conclusion, it is apparent that both the public and the government stand to benefit from the soda tax. Taxing soft drinks generates revenue for the government, ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
How the US corperate tax effects international business
The research delves into corporate tax effects on international business. The research looks at some corporations’ tax reduction schemes. United States corporate tax rates significantly affect international business. Discussion The United States corporate tax affects international business International business includes one country selling its products and services to the global marketplace.
7 Pages(1750 words)Essay
Soda Drinks
Being a delicious drink, there is chemistry behind soda drinks that involves carbonation processes, which are evident by the provision of bubbles. Soft drinks are circulated on the market worldwide through cans, glasses, as well as bottles as forms of packaging.
4 Pages(1000 words)Essay
Jones Soda
The beginning of soda's distribution began with the working out of "alternative distribution strategy". It means that Jones Soda began attacking the market place and placed its products in convenience stores. Nowadays the strategy of the company aims at co-working with larger companies such as Safeway, Starbucks.
2 Pages(500 words)Essay
Soda
The intermediaries in the channel are the individuals or organizations responsible for the movement of the product from the producer to the final consumer (Gundlach et al 432). They can be brokers, agents, wholesalers or
4 Pages(1000 words)Essay
Argumentation-Persuasion Essay - Obesity and Tax on Soda and Candy in US
It is the reason why multiple diseases with metabolic syndrome results due to sugary diets. $190 billion of annual costs are incurred due to obesity in U.S and its government has been spending a great
4 Pages(1000 words)Essay
Jones Soda
In this way, it gains substantial market opportunity and even competitive advantage due to the fact that a certain market segment of customers are willing to go try its product offerings. Coke
2 Pages(500 words)Essay
Imposing tax on soda
Therefore, Oregon legislative assembly has enacted soda tax. Obesity in United States is a public concern, its rate is among the highest in the world. Overweight can cause a series of healthy problems such as diabetes,
3 Pages(750 words)Essay
SODA TAX
A lot of people are coming up with ways to fix both problems. One way is to levy higher tax on sugary beverages like soda. This will discourage people from overfly engaging in soda drinking on the one hand and increase the government’s earnings on the other.
1 Pages(250 words)Essay
Soda Tax
However, a recent article I stumbled upon, transformed my perspective about soda. This article revealed that not even diet soda lovers are safe from the critical health effects associated with soft
2 Pages(500 words)Essay
Tax
This means that this individual has made a gain of 20000 USD. The seller of this painting should pay tax for the 20000 USD gains which he or she has acquired as profit. It is worth
4 Pages(1000 words)Essay
Let us find you another Essay on topic Soda tax in the US for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us