Friday, July 2, 2010

New York’s Soda Tax Plan Dies After Industry Ad Campaign

Gov. David A. Paterson’s proposal to tax soda seems to have fizzled as lawmakers eliminated the controversial measure while cobbling together a state revenue bill. The penny-an-ounce tax on soda and other sweet drinks would have helped shrink New York’s ballooning deficit and, its supporters say, cut down on obesity.

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