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Soda companies, supermarkets report 30-50 pct. sales drop from soda tax
Philly.com ^ | 02.21.2017 | Julia Terruso

Posted on 02/22/2017 5:07:46 AM PST by Prov1322

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To: Prov1322

I guess the do-gooders, save-us-from-ourselves taxers are happy.


21 posted on 02/22/2017 5:36:04 AM PST by grobdriver (Where is Wilson Blair when you need him?)
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To: Prov1322

If people aren’t spending their money on soda, they’ll spend it elsewhere.

I am not keen on such taxes, mind you, but if I had my way I wouldn’t let people buy soda and the like with government benefits—which would probably cut soda purchases even more.


22 posted on 02/22/2017 5:37:10 AM PST by 9YearLurker
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To: Prov1322

So they’ll start closing their Philadelphia locations and creating “food deserts”, leading to more whining and gnashing of teeth by Liberals.


23 posted on 02/22/2017 5:41:33 AM PST by Buckeye McFrog
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To: mouse1
Doesn’t seem like a 1.5% tax would drop sales 30% - 50%. Plus, you can still use EBT to purchase soda. Fake news?

It's $0.15 per ounce.

24 posted on 02/22/2017 5:43:35 AM PST by Stentor (A day without illegals is like a day without food poisoning.--Salamander)
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To: Prov1322

“President Obama signed the tax hike — the biggest to take effect in his first term — on his 16th day in office, reversing two vetoes by President Bush. The federal cigarette tax jumped from 39 cents to $1.01 per pack on April 1, 2009, to finance expanded health care for children. Since then, the change has brought in more than $30 billion in new revenue, tax records show.
Yet the tax hike and its repercussions remain mostly unknown to the non-smoking public. The tax increase’s size and national reach lifted prices 22% overnight, more than all state and local tax hikes combined over the past decade when adjusted for inflation.”

http://usatoday30.usatoday.com/news/nation/story/2012-09-10/cigarette-tax-smoking/57737774/1

How soon we forget. Liberal pukes raise taxes, it’s what they do.


25 posted on 02/22/2017 5:48:11 AM PST by Beagle8U (Long live Yoga Pants! ( and boycott 84 lumber. Let's bankrupt the bastards!))
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To: Prov1322

The tax-racketeers probably thought they’d get a cash cow, like they do w/tobacco taxes.

But the addiction to nicotine is much stronger than than any desire for soda. Caffeine can be met w/coffee and tea.

I think, along the same lines, there won’t be a lot black market soda out there, but there is potential now.

It’s a lot more cumbersome to smuggle heavy liquids en masse across state lines so this’d not make it as profitable for store keeps.

If they start using tax stamps for soda, you’d have something there to make a buck on.


26 posted on 02/22/2017 5:54:02 AM PST by fruser1
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To: apillar

Soda does go bad.


27 posted on 02/22/2017 5:58:31 AM PST by TexasGator
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To: mouse1

Here in cheaper part of state, I buy 35 cent can (12 ounces) of pop sometimes at grocery store. If I bought it in Philly, tax would add 18 cents to cost for total of 53 cents per can, more than 150% of previous price.


28 posted on 02/22/2017 6:02:13 AM PST by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: fruser1

Easy to drive to the store just outside city limits and buy soda for the neighborhood.


29 posted on 02/22/2017 6:04:08 AM PST by hoosierham (Freedom isn't free)
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To: Qiviut

I live in PA - food is tax exempt here


30 posted on 02/22/2017 6:04:10 AM PST by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: simpson96

And South of the Rio Grande, it is NOT going well with Coca Cola or Pepsi. They social media sites in Mexico, people who are made at Donald Trump for pulling the Ford Expansion into their country have now gotten many Mexicans to boycott Walmart, AutoZone, Pizza Hut, Krispy Kremes, Starbucks and Coca Cola.. It has dropped, I don’t know how much.


31 posted on 02/22/2017 6:05:29 AM PST by rovenstinez
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To: bert
This happened in Phoenix when I was a college kid working part-time at a liquor store going to school.

There was a cigarette tax in Phoenix but to avoid it, the owner would drive his station wagon to the suburb town of Mesa and load up on cigarettes without a tax stamp.

I worked there for four years until I graduated and went into the Air Force. No tax agents from the city ever came in during that time to question why we were selling non-taxed cigarettes by not buying his cigarettes in Phoenix.

This scheme was illegal but the amount of the tax versus the volume of cigarettes we sold out of that liquor store resulted in a sizable profit for the owner.

32 posted on 02/22/2017 6:06:18 AM PST by HotHunt
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To: PghBaldy

So is soda tax exempt? The story I linked reported that although soda is classified as ‘food’ & exempt in many states, it is not exempt in Pennsylvania.


33 posted on 02/22/2017 6:08:19 AM PST by Qiviut (Obama's Legacy in two words: DONALD TRUMP)
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To: PghBaldy

Food is exempt from STATE sales tax here in PA.

Being a First Class City, Philly is empowered to get away with all sorts of shenanigans under their Home Rule Charter.

Thankfully they’re the only First Class City in the State under current law.


34 posted on 02/22/2017 6:09:42 AM PST by Buckeye McFrog
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To: Prov1322

“Mayor Kenney harshly rebuked reports of coming layoffs late Tuesday night. Democrats live in their own fake world and will accept actual reality. No one is shopping for soda outside of the city - why of course not they’re Democrats and Democrats are willing to sacrifice for the common good - right? Ha ha ha ha what schmucks! Democrats are morons that can never get the concept of dynamic scoring.


35 posted on 02/22/2017 6:09:55 AM PST by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Prov1322

24 oz beers are a buck-six out the door here, don’t need a calculator to run the numbers on that one. Burp!


36 posted on 02/22/2017 6:17:14 AM PST by W. (How sweet it is to say "Former President 0bama!")
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To: simpson96

Tax avoidance is illegal.

It is every citizen’s duty to pay taxes.


37 posted on 02/22/2017 6:18:36 AM PST by ptsal
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To: Buckeye McFrog

Does that make Pittsburgh a second class city? I kid I kid!


38 posted on 02/22/2017 6:26:23 AM PST by xp38
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To: Prov1322

Now apply the tax effects on the entire economy and you realize where the Bye bye American pie effect came from.


39 posted on 02/22/2017 6:36:22 AM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: mouse1

1.5. Cents per ounce on a gallon about iced tea is $1.92 on a product that sells for $2.50

Insane


40 posted on 02/22/2017 6:39:07 AM PST by cyclotic (Republicans Are without excuse. Flood the Resolute Desk with sane legislation.)
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