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View Full Version : Bloomberg Fails Again With Soda Tax Repeal in Cook County



Banacek
10-11-2017, 06:39 PM
Billionaire Michael Bloomberg's crusade against soda has met another failure, as Chicago voted to end its taxation Wednesday.

Cook County commissioners voted 15-2 to repeal the 1-cent per ounce tax on soda, diet soda, sweetened coffees and teas, and sports drinks. The editorial board of the Chicago Tribune called the tax "highway robbery." The tax added a $1.28 tax for a gallon of zero-calorie iced tea.

The vote is the latest in a series of losses for Bloomberg, who has poured millions into anti-soda campaigns.

The former New York City mayor spent at least $5 million on ads supporting the Cook County tax and vowed to spend "whatever it takes" to reelect commissioners who supported it.

Ultimately, only two commissioners voted against the repeal, which ends the tax officially on Dec. 1. The tax will be in effect for just four months

The tax failed to come anywhere near what it was predicted to collect. The people of Chicago just went outside the city to buy soda. The rational of the tax was to lure people away from sugared drinks. However, the tax was also levied against artificially sweetened drinks. Even artificially sweetened ice tea was taxed. Not surprisingly, welfare recipients were exempt from the tax. Most newspapers blamed "big soda" , "greedy companies" and "unions" for the unpopularity of the tax.

Interestingly enough, the food stamp program's stated purpose is to provide people with more money to purchase healthy foods. If that's the case, why were they exempt from a tax that supposedly would cut back on sugar and help reduce obesity and heart problems. (non-healthy foods) ? (rhetorical question)

http://freebeacon.com/issues/bloomberg-fails-soda-tax-repeal-cook-county/'

Angry Old White Man
10-11-2017, 07:32 PM
Just another rich FOOL trying to play GOD

3rd-try
10-11-2017, 08:00 PM
What gets me is...how to put this delicately.......Why doesn't he mind his own fuckin' business?!!!!

Rockntractor
10-11-2017, 08:08 PM
What gets me is...how to put this delicately.......Why doesn't he mind his own fuckin' business?!!!!
Cuz he's being all compassionate and shit!