Would you drink fewer cans of soda if a national tax jacked up the price?
When it comes to schemes to counter the staggering rates of obesity and diabetes around the world, there's a growing consensus that taxes that force consumers to reckon, via their pocketbooks, with their food and drink habits might be the way to go.
But since so few countries — or cities — have dared to try a "sin" tax on soda or junk food, no one really knows if they'd actually work.
After a long, contentious night, lawmakers in the Kansas House passed two spending bills that raise taxes to close a budget shortfall. The bills aren’t guaranteed to be enacted, even though Governor Sam Brownback has pleaded with conservatives to pass them, because the state Senate still hasn’t approved the plan.
Originally published on Tue February 10, 2015 8:53 pm
A dozen states are considering something that was rarely discussed a few years ago: raising gas taxes. Low prices at the pump have emboldened state officials to think about raising new revenue to repair crumbling roads and bridges.
It's a scene that's all too familiar in much of the country — construction workers performing emergency repairs on a bridge. In Franklin Township, N.J., one bridge closed abruptly last month when it was deemed unsafe.