Skip to comments.
Philadelphia Soda Tax Leads To 30-50% Plunge In Sales, Mass Layoffs
Zero Hedge ^
| 02/22/2017
Posted on 02/22/2017 10:50:25 AM PST by SeekAndFind
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80, 81-88 next last
To: SeekAndFind
Stupidity by politicians does have consequences.
2
posted on
02/22/2017 10:52:29 AM PST
by
FlingWingFlyer
(I tried being reasonable, I didn't like it. - Clint Eastwood)
To: SeekAndFind
You can’t fix stupid....
and I guarantee nobody stopped drinking soda, they are just buying it elsewhere. So loss of jobs, no new tax revenue, no reduction in the actual consumption...mission accomplished.
To: SeekAndFind
If Philly shoppers went to the trouble to shop out of area for soda, they probably went ahead and purchased much more in the same shopping run. Look toward more than just the tax receipts on soda to diminish.
4
posted on
02/22/2017 10:54:57 AM PST
by
Ozark Tom
(Now it's the Deep State Media DSM ™ ®--evil spawn of the MSM 3-letter networks)
To: SeekAndFind
Mayor Kenney harshly rebuked reports of coming layoffs..."I didn't think it was possible for the soda industry to be any greedier,"
What a dumbass.
Sure, like "Big Oil" and "Big Pharma", we have "Big Pop"....
5
posted on
02/22/2017 10:55:49 AM PST
by
Psalm 73
("Gentlemen, you can't fight in here - this is the War Room".)
To: SeekAndFind
Ask Mike Bloomberg to subsidize your losses!
To: SeekAndFind
Tax totalitarian subversive politicians.
7
posted on
02/22/2017 10:56:10 AM PST
by
WKUHilltopper
(WKU 2016 Boca Raton Bowl Champions)
To: FlingWingFlyer
Another loser: labor unions... many of the drivers...have seen pay cut by as much as 70 percent because theyre moving fewer products...
#### the unions. They love dems.
8
posted on
02/22/2017 10:56:19 AM PST
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
To: Ozark Tom
Exactly right, and not just related items. If they’re driving somewhere to avoid a Philly tax on soda where to you think they’ll fill up the tank or go have a bite to eat?
9
posted on
02/22/2017 10:57:37 AM PST
by
bigbob
(We have better coverage than Verizon - Can You Hear Us Now?)
To: FlingWingFlyer
Idiot liberals are true products of the public education system. You can employ people and produce mountains of product for a short while but eventually those people have to be paid and the vendors who supply the materials to make your product have to be paid along with all your other overhead. If you have mountains of inventory and it’s still building and little to no sales and revenue coming in reality will come crashing down on all parties involved.
10
posted on
02/22/2017 10:58:08 AM PST
by
sarge83
To: SeekAndFind
And I bet that the fake news in philly will try their best to downplay this and not inform the public of the folly of taxes like this.
11
posted on
02/22/2017 10:58:16 AM PST
by
TMA62
(Al Sharpton - The North Korea of race relations)
To: SeekAndFind
That woman who lived until 116 had 3 dr peppers a day for 60 years.
That’s nearly 70,000.
But I think it’s what killed her.
12
posted on
02/22/2017 10:58:17 AM PST
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
To: SeekAndFind
My guess is people aren't consuming less. They're moving their purchases out to the suburbs unaffected by the tax. And maybe some enterprising citizens with large trunk automobiles are stocking up and bringing the bubbly nectar back to the city to sell al fresco. Creating criminals and opportunities for black market criminality is probably what government, any government, is best at.
13
posted on
02/22/2017 10:58:50 AM PST
by
katana
To: SeekAndFind
The power to tax is the power to destroy.
In this case it is destroying a market in one area, but opening a market in another. Pretty soon, rather then rescind the tax they will create a SODA POLICE and demand that any soda consumed within city limits have a tax stamp attached.
Then they will begin to go after smugglers.
Next thing you know there will be a black market in sodas.
And in the end they will spend more in enforcement then they get in revenue.
It was a nice touch for them to claim it was for the children. I am afraid that card has expired.
14
posted on
02/22/2017 10:59:14 AM PST
by
CIB-173RDABN
(US out of the UN, UN out of the US)
To: SeekAndFind
I drink one, maybe two sodas a month. I drink none of the flavored water. I do drink plain bottled water but not as much as I used to. It’s all too expensive. And the sodas are toxic. When I drink one now I really notice it.... feel yucky for an hour or two.
15
posted on
02/22/2017 11:00:01 AM PST
by
Mercat
(Men never do evil so fully and cheerfully as when they do it out of conscience.” (Blaise Pascal))
To: SeekAndFind
They’re soon going to have to charge way more than that to make up for the loss of federal funds to support illegal alien criminals.
16
posted on
02/22/2017 11:00:21 AM PST
by
treetopsandroofs
(Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
To: SeekAndFind
Mayor Kenney harshly rebuked reports of coming layoffs late Tuesday night. "I didn't think it was possible for the soda industry to be any greedier," Kenney said in an emailed statement.
They are so committed to stopping this tax from spreading to other cities, that they are not only passing the tax they should be paying onto their customer, they are actually willing to threaten working men and women's jobs rather than marginally reduce their seven figure bonuses." THIS GUY IS A LUNATIC!...................
17
posted on
02/22/2017 11:01:49 AM PST
by
Red Badger
(If "Majority Rule" was so important in South Africa, why isn't it that way here?.......)
To: dp0622
I understand all men die of prostate cancer if they live long enough....
18
posted on
02/22/2017 11:02:04 AM PST
by
treetopsandroofs
(Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
To: treetopsandroofs
lol.
And bee stings in the theory of all possible outcomes.
19
posted on
02/22/2017 11:04:28 AM PST
by
dp0622
(The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
To: CIB-173RDABN
“It was a nice touch for them to claim it was for the children. I am afraid that card has expired.”
BJ Clinton’s Telecommunications Act of 1996 was “for the children” and gave us Big Media.
86 that POS legislation.
20
posted on
02/22/2017 11:04:29 AM PST
by
treetopsandroofs
(Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80, 81-88 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson