A Chicago plan to fight obesity by taxing sugary beverages has met with opposition from retailers and praise from health advocates, hearing testimony indicates, according to United Press International. For the full story, click here.
Editor’s Insight: Just yesterday, VendingMarketWatch carried a report from the National Automatic Merchandising Association OneShow on the status of the dreaded soda tax. A speaker from the American Beverage Association noted that the industry managed to stop a national soda tax, but states and local governments have continued to advocate such taxes.
The Chicago health commissioner mistakenly believes the tax will reduce consumption and hence, reduce obesity. He needs to be advised that studies exist that refute this assumption, as attendees at the OneShow session learned. 05-04-12 By Elliot Maras
