Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Tuesday, October 06, 2009

Sugared Beverages, Obesity and Taxes

The Center for Science in the Public Interest has issued a new report titled: "Taxing sugared beverages would help trim state budget deficits, comsumers' bulging waistlines, and health care costs" (PDF)

The report contains a spreadsheet with numbers for the different states. Here are the numbers for North Carolina:

Budget Deficit (2010) & Potential Revenue from nickel-a-drink* Tax

FY 2010 Budget Gap          Annual New Revenue          
4,600,000,000                    220,000,000

New Revenue Share of Budget Gap - 4.78%                       

North Carolina's state obesity rate is 29 percent.

* A drink is defined as a 12 oz. serving