Local Tax Trend. Philadelphia Soda Tax. 3 Shortcomings.

Philadelphia’s soda tax is lagging behind and it’s hurting Philadelphia says the Tax Foundation. 

The informed:intel:

• revenue is 14% short and is only providing 49% of its revenues to pre-K programs
• regressive tax causing greater economic strain to lower incomes
  • remember Philadelphia soda tax is 24 times the tax on beer
• job losses directly related to the tax

Tax Foundation | Soda Tax Experiment Failing in Philadelphia Amid Consumer Angst and Revenue Shortfalls