I say “pop” and you say “soda”
Growing up in Michigan, we called that carbonated beverage pop.
Slate published this article, “Sweet Surrender: Taxing soda to make you stop drinking it.” This is another example of using an excise tax to change consumer behavior. If one believes that there are negative externalities to the consumption of sugar-laden, artificially-flavored, carbonated water, then these taxes fall under the Pigovian Tax label.
- photo courtesy of Slate www.slate.com
I teach principles of economics courses and a course in the economics of healthcare at Southern Oregon University.
