► Show Top 10 Hot Links

Posts Tagged ‘Soda Tax’

Soda Tax for Healthcare

by Phantom Ace ( 20 Comments › )
Filed under Barack Obama, Liberal Fascism at May 12th, 2009 - 6:25 am

This would be funny if it wasn’t sad. Now Sodas will have a special tax for the new health-care program because the government doesn’t approve of sugar based drinks.

Soda Tax Weighed to Pay for Health Care

Senate leaders are considering new federal taxes on soda and other sugary drinks to help pay for an overhaul of the nation’s health-care system.

The taxes would pay for only a fraction of the cost to expand health-insurance coverage to all Americans and would face strong opposition from the beverage industry. They also could spark a backlash from consumers who would have to pay several cents more for a soft drink.

On Tuesday, the Senate Finance Committee is set to hear proposals from about a dozen experts about how to pay for the comprehensive health-care overhaul that President Barack Obama wants to enact this year. Early estimates put the cost of the plan at around $1.2 trillion. The administration has so far only earmarked funds for about half of that amount.

Welcome to America where even Sodas have a special tax. Up next, a fast food tax!