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Philadelphia Soda Tax Leads To 30-50% Plunge In Sales, Mass Layoffs
Zero Hedge ^ | 02/22/2017

Posted on 02/22/2017 10:50:25 AM PST by SeekAndFind

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To: SeekAndFind

Great job Philly - way to plug a budget shortfall! Generate revenue for surrounding cities, cost people their jobs, etc.

Genius I tell ya!


21 posted on 02/22/2017 11:05:14 AM PST by Made In The USA (Rap music: Soundtrack of the retarded.)
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Comment #22 Removed by Moderator

To: bigbob

“If they’re driving somewhere to avoid a Philly tax on soda where to you think they’ll fill up the tank or go have a bite to eat?”

Philthadelphia is right across the river from Camden, NJ. I’ve heard of people driving into Philly to eat, but never driving from Philly to Camden to eat.


23 posted on 02/22/2017 11:06:21 AM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: FlingWingFlyer

24 posted on 02/22/2017 11:07:04 AM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: Mercat

I ONLY drink bottled water, sometimes iced tea but NEVER sugar drinks they seem to make me more thirsty!!!


25 posted on 02/22/2017 11:08:11 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: ISTHISONETAKEN

I wonder how SodaStream sales are in the Philly suburbs and online delivering to the city?


26 posted on 02/22/2017 11:09:09 AM PST by chickenlips
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To: SeekAndFind

If the consumer wants soda or sweetened beverage than they go to the nearest town and stock up.

I lived in Oregon for 2 years and they had the bottle bill which levied a 5 cent deposit on cans and bottles of beer and soda. I would buy my products at Costco in Washington state and avoid the surcharge and then I would take the empties to the stores in Oregon and get my “refund” on the deposit.


27 posted on 02/22/2017 11:09:37 AM PST by shotgun
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To: SeekAndFind

Laffer Curve in full effect. It’s as though they didn’t think people would change their behavior!!!! lol


28 posted on 02/22/2017 11:10:05 AM PST by fuzzylogic (welfare state = sharing consequences of poor moral choices among everybody)
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To: Mercat

“When I drink one now I really notice it.... feel yucky for an hour or two.”

Do you check your blood sugar?


29 posted on 02/22/2017 11:10:13 AM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: dsc

I think what he is saying is you drive to get the soda so you stop and get a bite to eat while you are there, also need to stop for gas for the trip home!!!


30 posted on 02/22/2017 11:10:50 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: SeekAndFind

10.00 for a bottle of flavored water IS INSANE!!!! OMG these legislators ARE NUTS!!!!


31 posted on 02/22/2017 11:12:21 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Red Badger

Bwahahaha - he ACTUALLY believes the company would/should just absorb the tax!!! ALL corporate taxes are past onto the consumer. Just wow.


32 posted on 02/22/2017 11:13:28 AM PST by fuzzylogic (welfare state = sharing consequences of poor moral choices among everybody)
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To: SeekAndFind

And I bet that they already allocated those new tax funds for some social programs; borrowed from the normal budget until this new revenue came in -LOL.


33 posted on 02/22/2017 11:14:03 AM PST by SkyDancer (Ambition Without Talent Is Sad, Talent Without Ambition Is Worse)
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To: Psalm 73

Spoken like a true Socialist.But hey,the fine people of Philadelphia elected him-let them enjoy the fruits of their effort.


34 posted on 02/22/2017 11:14:53 AM PST by Farmer Dean (168 grains of instant conflict resolution)
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To: Red Badger

“that they are not only passing the tax they should be paying onto their customer”

How does a company eat a 51% tax on their products? Does he think the Cash Flow Fairy flies in bags of cash every night?

Drooling moron.


35 posted on 02/22/2017 11:15:00 AM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: SeekAndFind

Is there anything goofier and more dangerous than an Irish lib. Anybody in the last 70 years do any more damage to the US than Teddy the murderer.


36 posted on 02/22/2017 11:15:22 AM PST by Stentor (A day without illegals is like a day without food poisoning.--Salamander)
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To: Red Badger
That's the way they all think: "There's plenty of money - those greedy white bastards are just trying to keep it all for themselves."

Because that's exactly what they would do, given the opportunity.

37 posted on 02/22/2017 11:15:23 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mercat

I gave up soda/pop completely about 10 years ago. One of the better decisions I have ever made.


38 posted on 02/22/2017 11:15:44 AM PST by day10 (You'll get nothing and like it!)
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To: Trump Girl Kit Cat

Okay, but if you drive into Camden to get your soda, I doubt that you’re hanging around to eat.

I wouldn’t even drive there without a full tank...and a squad of Marines.


39 posted on 02/22/2017 11:16:59 AM PST by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Psalm 73; All
That's what got me too...this idiot mayor thinks the soda industry is greedy?

And this gem:

They are so committed to stopping this tax from spreading to other cities, that they are not only passing the tax they should be paying onto their customer

This fool must be a product of a public school. Does he really think a beverage company, with a certain profit margin, is going to just absorb a 50% raise in price and NOT pass it along to the consumer? Of course they didn't say in the story, but this Kenney HAS to be a democrat!

40 posted on 02/22/2017 11:20:56 AM PST by notdownwidems (Washington D.C. has become the enemy of free people everywhere!)
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