American Beverage Association
ABA Statement: NY Governor's Sweeping Tax Hikes on New Yorkers Add Strain to Checkbooks and Put Paychecks at Risk All During a Time of Recession
Published in Fitness and Wellness Business Week, December 31st, 2008
The governor's proposed budget hikes taxes on an array of consumer goods and services. It imposes an astounding 18 percent sales tax on regular soft drinks and juice drinks -- a regressive tax that will hurt most those least able to pay. And the budget proposal expands the 5-cents-per-container bottle bill tax to include bottled water and juices, again adding to the family grocery bill.
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