Philadelphia to Tax Soda

ebso-sodaIn June, the Philadelphia City Council approved a 1.5 cent per ounce tax on any drink containing less than 50% fruit juice, vegetable juice or real milk – the first tax on sugary drinks by a major city. The soda tax, which takes effect January 1, 2017, is expected to raise $91 million for Philadelphia schools, parks and recreation centers. While the tax is intended to have a positive impact on population health, one must wonder if cheese steaks could be next target!