Benefits of Sugar Tax ‘A Rounding Error’ When Compared to Costs

Townhall.com Staff
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Posted: Dec 16, 2014 9:29 AM

Supporters of a new tax on sugary drinks in London are promoting it on the grounds that it will save the NHS in London £39 million over the next twenty years. But their own figures show that it would cost Londoners £2.6 billion in the same time period. This means that the cost to Londoners will be worth more than 67 times the benefit.