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Friday, June 19, 2009

Democrats push soda tax to fund Obamacare

Since most Americans drink soda at some point in their lives, how does this square with Obama's promise not to raise taxes on 95 percent of us?

From Red State:

Rep. Allyson Schwartz, D-Pa., plugged her own plan at Tuesday's meeting: a 10-cent tax on each 12-ounce container of a sugar-sweetened beverage like nondiet soda. That would raise $112 billion, the options paper said. "I was told by my dad not to drink sugary sodas my whole life, and I turned out all right," Schwartz said. "This [tax] would make it a real treat."

For Democrats, this is the fun part of the job - deciding whom to punish with higher taxes. No one shows that better than Rep. Schwartz, who wants us all to enjoy the fun that comes with high soda prices. And while she's only talking about soda (for now), just remember that a VAT tax, higher costs for health care, and higher energy costs (thanks to cap-and-tax), will raise the price for all commodities. So while the only product she's directly increasing the cost of is soda, her votes will yield higher prices for everything you buy.

Change you can believe in?

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