All tagged Income Tax

Seattle’s beverage tax is a symptom of Washington’s upside-down tax system

Seattle’s beverage tax is a disaster in its stated mission of curbing sugar consumption. Proponents of the Beverage Tax claimed it would help reduce obesity and address epidemic levels of sugar abuse by disincentivizing drinking of sugary sodas while raising needed revenue for the city by creating a “sin” tax on negative behavior. Instead, the tax’s revenue has beaten all projections, topping $16 million in the first 9 months.