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Land value taxes, soda taxes, and carbon taxes — oh my!

Explain It to Me

00:00

Soda Tax

The idea of the soda tax is to limit soda consumption. But it's more accurate to consider it a sugary drinks tax, but that doesn't really like roll off the tongue. The question I was going to ask you about this, Sarah, is why did we get into taxing drinks and not just calories? For example, Gatorade does have a decent amount of sugar, but it also has a lot less calories than soda.

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