Where Your Can of Coke Costs More
Governments hope soda taxes around the globe may speed a drop in sugary drink consumption.
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Sugar taxes aimed at reducing demand for sweetened drinks and other non-alcoholic beverages are gaining momentum from governments looking to reduce obesity.
Philadelphia, for example, will impose a 1.5-cents-per-ounce levy on sweetened and diet beverages on Jan. 1. The tax money will go toward improving the infrastructure and educational system of a city with a 26 percent poverty rate, said mayor James Kenney.