Is it time for budget- and health-minded beverage buyers to switch to seltzer or stick to water? If you live in a growing number of U.S. cities, sucking down sodas and other sugary beverages will now cost you more, thanks to new taxes.
Here’s a rundown of cities and counties that have enacted soda taxes, starting with five that did so just this month:
Cook County, Ill.: The populous Illinois county that is home to Chicago will see a penny-per-ounce beverage tax — over and above the usual sales tax — added to the purchase of sweetened drinks such as soda, iced tea, lemonade and sports drinks, whether bottled, canned or from a fountain. The tax, which goes into effect July 1, was approved by the Cook County Board on Thursday, November 10, and is expected to raise $224 million in revenue per year.
San Francisco, Oakland and Albany, Calif.: Voters in these Bay Area municipalities overwhelmingly passed soda taxes on Tuesday, November 8, in an effort to lower rates of diabetes and obesity — and raise revenues. Read more