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News Link • TAXES: State

New York governor proposes new soda tax to raise $815 million

• Reuters
New York Governor David Paterson on Thursday proposed lifting the sales tax on diet soda, while adding a new "sugar tax" to full-calorie drinks, in a fresh bid to boost revenue for the cash-strapped state.

1 Comments in Response to

Comment by Justen Robertson
Entered on:

I hate this term, "raise money". Raising money is what you do when you're asking for charitable donations or looking for investments in a new business. Making money is what you do when you're offering a product or service for sale. This is not either of those things, this is stealing money. The New York Governor wants to *steal* $815 million from soda drinkers because he can't cover his debts on the money he's already stolen from his other victims. Let's use the correct language, shall we?


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