ST Alpha - "Okay, I've crunched the numbers. If you buy a bottle of non-diet soda a day, you'd pay $.25 a day in extra tax." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 153

Okay, I've crunched the numbers. If you buy a bottle of non-diet soda a day, you'd pay $.25 a day in extra tax.

Posted by znufrii Dec 16 '08, 12:52

which works out to just over $90 a year, or approx 1.2% of 2007 per capita health care expenditures. So, if I'm looking at this correctly, in order to justify the tax increase, one would have to argue that it would reduce overall per capita health care expenditures by 1.2% to be essentially revenue neutral for the average taxpayer.

Responses:

They're taxing coke?! -- nm - Loyola Dec 16, 12:59 8
- NY Gov has proposed a tax on non-diet soft drinks as one of many tax and fee increases to plug a $15.4B hole in the state budget - znufrii Dec 16, 13:01 7
  - Caviar, lobster getting taxed. Or is it just the drink of choice of the masses? -- nm - Loyola Dec 16, 13:08 2
    - It's a way to add a small tax to something already cheap and sold en masse. And, if it makes a few people skip a soda now and again all the better. -- nm - Amy Dec 16, 13:10 1
      - You know what I'm in favour of? Linking state governors' pay to their ability to bring in a balanced budget. 15.4 Billion hole? Heads need to roll. -- nm - Loyola Dec 16, 13:16
  - So why are healthcare costs coming down? B/c people aren't drinking Coke as much? - TFox Dec 16, 13:03 3
    - that would be the argument in favor of this particular justification. yes. - znufrii Dec 16, 13:06 2
      - Enacting a 1% difference in medical trend takes a lot more than a mild financial incentive to not drink sodapop. - TFox Dec 16, 13:08 1
        
        and you're probably right. - znufrii Dec 16, 13:10
[deleted] 14
- yep -- nm - TFox Dec 16, 12:56
- don't just f*cking roll your eyes at me. you could at least do me the courtesy of coming up with a counter if you think I'm wrong. -- nm - znufrii Dec 16, 12:56 12
  - [deleted]
  - he's not rolling his eyes because he thinks you are wrong -- nm - Roger More Dec 16, 12:58 10
    - oh, so he's just being an asshole, gotcha. - znufrii Dec 16, 12:58 9
      - can you link me to this soda tax BS? -- nm - TFox Dec 16, 12:59 8
        
        here -- (link) - Roger More Dec 16, 13:00 [Backboard] 7
        
        So where, may I ask, is the requirement that this be offset by reductions in healthcare expenditures? -- nm - TFox Dec 16, 13:02 6
        
        It's not. They just need something to justify asking for money. - Amy Dec 16, 13:06 5
        
        [deleted]
        
        That's the answer, or "our Medicaid budget has gone batfuck nuts so we need money, we decided to take it this way, eat my nuts." -- nm - TFox Dec 16, 13:07 3
        
        fwiw, his budget also cuts about $1B in projected medicaid expenses. -- nm - znufrii Dec 16, 13:09 2
        
        Without knowing the exact numbers, I suspect that is a drop in the bucket. - TFox Dec 16, 13:15 1
        
        nothing ever does happen as its laid out, especially in Albany - znufrii Dec 16, 13:17
what about the return refund or recycling $$? -- nm - black peter Dec 16, 12:54 1
- to my understanding, this tax would be separate from and in addition to the bottle deposit/refund - znufrii Dec 16, 12:56
caveat: numbers are quick and dirty calucations based on the data contained herein -- (link) - znufrii Dec 16, 12:54 2
- [deleted] 1
  - like I said, quick and dirty. - znufrii Dec 16, 13:16

Post a message top

Okay, I've crunched the numbers. If you buy a bottle of non-diet soda a day, you'd pay $.25 a day in extra tax.

Replies are disabled on threads older than 7 days.