Marketplace®

Daily business news and economic stories

How effective is a tax on soda?

Philadelphia is set to become the first major city to introduce a soda tax.

Next week, the Philadelphia City Council is expected to vote on and approve a tax on soda. If it does, both regular soda and diet soda would be taxed at a rate of 1.5 cents per ounce. Mayor Jim Kenney pitched the idea by touting the revenue that such a tax would raise, stating that it would support pre-kindergarten and other initiatives. But other efforts to pass a soda tax have frequently raised questions about its potential public health benefits.

Click the audio player above to hear more about how effective a soda tax might be in the fight against obesity and related diseases.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    10 hours ago
    25:19
  • Make Me Smart
    16 hours ago
    19:00
  • Marketplace Morning Report
    18 hours ago
    6:55
  • Marketplace Tech
    a day ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45