Headlines

Anti-Obesity Taxes in the U.S. Continue to Fall Short

Lawmakers throughout the United States continue to propose taxes on soft drinks, targeting the category as the primary cause of obesity in the country, but have had little success. The issue has gained traction over the past few years as governments look for additional sources of income to close budget gaps. These efforts, however, have been met with opposition from soft drink makers including The Coca-Cola Company, PepsiCo and the American Beverage Association, which have spent substantial amounts of money on lobbying. (Bloomberg)