Many cities, states, and nations in the US are working to impose heavy tariffs on sugars. They consider it a potential way to improve public health in their communities. A recent study reveals that taxes on sugary drinks have led to major health gains and a decrease in healthcare costs. The number of benefits depends on differences in the taxes.
Many beverage companies impose taxes on a volume basis.
For example, the consumer can pay maybe 2 percent tax per ounce of the drink’s overall volume. According to the study, The city of San Francisco and the nations of Mexico, Norway, and the Philippines have imposed such tax designs.
Apart from that, the UK, Chile, and France also impose taxes on sugary drinks as per volume levels. The new study published in the journal Circulation on Monday suggested that the health and economic benefits of taxes imposed on sugar items are twice as large as the overall volume of the drinks.
The researchers wrote in the study, “Current sugar-sweetened beverage taxes in US localities and many other nations are volume-based. Our findings suggest that taxing sugar-sweetened beverages on the basis of sugar content could be even more effective,”