Posted on 02/15/2019 4:00:07 PM PST by NRx
I’m sure the liberals are just shocked that this could happen. But it was predictable.
The liberals may never learn, that imposing taxes or other regulations, causes people to change their behavior.
Ocasio-Cortez and her lackeys may well come up with projections showing that they will raise “X” amount of tax revenue by going to the 70% tax rate on high incomes. But in the real world, if that were implemented, they would be shocked to learn that due to changes in behavior, that the tax revenue didn’t materialize.
But yet I bet they allocated that perceived tax money on some liberal cause and then are mad that it didn’t come to fruition.
” that the tax is achieving a disproportionately negative impact by imposing “a relatively larger financial burden on low income/high obesity households that are less likely to engage in cross-shopping at stores outside of the city.”
The tax and its affect is just like “minimum wage” laws.
They increase labor costs. Those least able to absorb those additional costs are those in retail who aree closest to serving many folks who are among those the “minimum wage” laws are sold as going to help. What they get in a new minimum wage is in part taken back in higher costs where they shop.
The soda tax is having the same affect. Increasing costs and costing jobs in the markets whose folks were supposed to be the big beneficiaries of the tax. Paternalistic taxes don’t always work (they may have helped when it comes to cigarette use).
“Just build a wall”
can’t, it’s immoral.
Maybe instead of worrying about soda, they should worry about all the ghetto trash in North Philly...
Learn?? Outside of the $$ lost, the Left only care about one thing: CONTROL.
The plantation voters will continue to vote ‘em in (maj. race based) and the ‘opposition’ will continue to sit on their thumbs and be ineffective, mute eunuchs.
That Shoprite was the local store where I grew up, My dad would walk there daily.
like Canada and booze
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