"ShopRite could ditch hundreds of jobs because of soda tax"
So, as usual, the unintended consequences of liberal/democrat decisions result in real-world disaster for employer, employees and consumers. Yet, Democrats continue to ruin the city.
“...undexpectedly!”
Bwa-hahahaha
Somehow I doubt this.
And again.... for the millionth time... it is NOT UNINTENTIONAL! Nothing POS liberal scum do is unintentional; it is always intended to lessen freedom, weaken or harm moral and societal norms, and damage this country. IT IS ALWAYS INTENTIONAL!
I would think that the Soda Stream would be flying off the shelves for the soda junkies. Screw the stupid pols and make your soda at home.
What has happened to sales in surrounding suburbs that do not have the soda tax? I know what Econ 101 says should have happened...
Didn't some nanny state bureaucrat determine that sodas were bad for you and you were too stupid to make your own decisions so they had to put a punitive tax on to discourage you from purchasing them?
What actually happened, I'm guessing, is that people simply make a trip outside the city limits and stock up a couple times a year, it's not like soda goes bad, after all....
The 1.5-cent-per-ounce tax on sweetened and diet beverages....
Doesn’t seem like a 1.5% tax would drop sales 30% - 50%. Plus, you can still use EBT to purchase soda. Fake news?
Impossible. Taxes don’t affect behavior. Everyone continues buying exactly the same products no matter how expensive they become and the additional taxes fund government spending that helps the economy. The left has told me this.
In response, the city questioned the legitimacy of the early figures and predicted that customers responding to the initial sticker shock by shopping outside the city would return.
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Obviously STUCK on STUPID ..... which seems to be a congenital condition with Libs/Left/Democraps/Progs
Fantastic news! Even more reason for Indra Nooyi of Pepsi and Muhtar Kent of Coke to keep supporting Democrats whom they love so much while they fear Trump and Republicans.
Couldn’t happen to nicer companies.
Can people get out of the soda tax if they order soda via Amazon.com?
“...and predicted that customers responding to the initial sticker shock by shopping outside the city would return.”
Good luck with that. Once they find another place to buy to save the tax they ain’t coming back.
Just like the massive hike in cigarette taxes, those smokers will just buy online with no taxes and keep smoking.
I guess the do-gooders, save-us-from-ourselves taxers are happy.
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.
So they’ll start closing their Philadelphia locations and creating “food deserts”, leading to more whining and gnashing of teeth by Liberals.
“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.
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.
“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.
24 oz beers are a buck-six out the door here, don’t need a calculator to run the numbers on that one. Burp!
Now apply the tax effects on the entire economy and you realize where the Bye bye American pie effect came from.