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Industry: Philadelphia soda tax killing sales, layoffs loom
Associated Press ^ | Feb 22, 2017 11:00 AM EST

Posted on 02/22/2017 3:15:11 PM PST by Olog-hai

Some Philadelphia supermarkets and beverage distributors say they’re gearing up for layoffs because the city’s new soda tax has cut beverage sales by 30 percent to 50 percent, worse than the city predicted.

An owner of six supermarkets tells The Philadelphia Inquirer he expects to cut 300 jobs, and a soft drink distributor predicts a 20 percent workforce reduction.

City officials expect business to rebound once customers get over sticker shock. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Food; Local News
KEYWORDS: nannystate; pennsylvania; philadelphia; sodatax
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1 posted on 02/22/2017 3:15:11 PM PST by Olog-hai
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To: Olog-hai
because the city’s new soda tax has cut beverage sales by 30 percent to 50 percent, worse than the city predicted.

Why the hand-wringing? This is what the city wanted, right? People to consume less sugary drinks and get healthy.

That's the objective, right?

2 posted on 02/22/2017 3:17:47 PM PST by Extremely Extreme Extremist (STOP THE TAPE!)
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To: Olog-hai

The city near me started a plastic bag ban so I go to the suburbs for my groceries. I’m sure a lot of beverage drinkers are simply going outside the city to buy what they want.


3 posted on 02/22/2017 3:18:23 PM PST by OrangeHoof (Get used to it - President Donald J. Trump)
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To: Olog-hai

Probably these “city officials” never ran a business in their worthless lives. Their “predictions” are what my dog left on the lawn this morning.


4 posted on 02/22/2017 3:19:22 PM PST by hal ogen (First Amendment or Reeducation camp?)
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To: Olog-hai

Actions have consequences, dummies!


5 posted on 02/22/2017 3:19:29 PM PST by miss marmelstein
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To: Olog-hai

Buy it elsewhere and drive it in.


6 posted on 02/22/2017 3:19:46 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: All

Click The Pic

7 posted on 02/22/2017 3:22:01 PM PST by ButThreeLeftsDo (MAGA!)
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To: Olog-hai

Owl faced mayor is a uber lib...serves him right


8 posted on 02/22/2017 3:22:14 PM PST by Doogle (( USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: A CA Guy

Black market coke. Nice.


9 posted on 02/22/2017 3:22:22 PM PST by EQAndyBuzz (Nuke Bilderberg from orbit. It''s the only way to be sure.)
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To: OrangeHoof

That’s what they are doing. It’s a windfall for the suburbs.


10 posted on 02/22/2017 3:22:51 PM PST by Luke21
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To: Olog-hai

Gee—People respond to an increase in price by reducing their consumption.

Whodda thunk?


11 posted on 02/22/2017 3:24:25 PM PST by Arm_Bears (Rope. Tree. Politician/Journalist. Some assembly required.)
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To: Olog-hai

Wasn’t that the intention of the tax in the first place? It wasn’t to raise money, no-no-nooo!


12 posted on 02/22/2017 3:27:45 PM PST by Dr. Sivana (There is no salvation in politics.)
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To: Olog-hai

Social engineering via taxes. Sound like an old Nazi trick.


13 posted on 02/22/2017 3:28:12 PM PST by FlingWingFlyer (I tried being reasonable, I didn't like it. - Clint Eastwood)
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To: Dr. Sivana

ROFL. Just as I said!


14 posted on 02/22/2017 3:31:15 PM PST by Extremely Extreme Extremist (STOP THE TAPE!)
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To: Olog-hai

What exactly are Philadelphia’s costs from people consuming soda? They have no justification whatsoever for imposing this tax, and the citizens of Philadelphia are fools to tolerate this attempt to regulate their behavior.


15 posted on 02/22/2017 3:33:17 PM PST by AnotherUnixGeek
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To: Olog-hai
City officials expect business to rebound once customers get over sticker shock. …

That sentiment is clear evidence that the tax was never "about the children" and that the tax was just another wealth grab/extortion from the parasite political class.
16 posted on 02/22/2017 3:34:58 PM PST by WMarshal (President Trump, a president keeping his promises to the American people. It feels like winning.)
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To: Olog-hai

So a hot dog and a coke at the Philly game will now be $21 bucks? Good luck, Killadelphia.


17 posted on 02/22/2017 3:37:42 PM PST by JonPreston
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To: Olog-hai

Many of these people are likely doing ALL of their food shopping out of town now since nobody wants to make multiple trips for different things.


18 posted on 02/22/2017 3:42:57 PM PST by Teflonic (tt)
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To: Olog-hai

Waiting for the minorities hardest hit stories to appear.


19 posted on 02/22/2017 3:48:00 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Olog-hai
So did they want to reduce soda intake to improve people's health or get more money in the coffers?
Which one is it? They can't have both.
How much tax revenue will they lose if the companies close?

20 posted on 02/22/2017 3:54:46 PM PST by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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