PRECEDENT!
Because there's already sin taxes (though I doubt that specific term is still applied to the taxations in question) on alcohol and tobacco products, a great deal of revenue could be obtained by taxing foods high in cholesterol, salt, and various unhealthy and refined items -- or at the very least fast food items. The revenue obtained could easily go toward a funding a public health plan, or at the very least expanding Medicare. Of course, I would also argue that the taxes derived from tobacco and alcohol should, for the most part, be going toward the collective health pot.
I'm not suggesting an outrageous tax here; even something like 3% of the product's cost before sales tax would likely bring in a fair amount of money. The low rate would ensure companies would still see business while still providing a healthful reminder. If companies started to panic, I would simply point out the profits of the tobacco industry despite the extra cost of their product and its obviously ramifications to one's health.
Determining what would and wouldn't qualify would be difficult, because money and politics so easily ruins the soup. I suppose that's why I suggest the fast food industry takes the first hit (probably along with frozen, pre-packaged meals with levels of sodium/saturated fat/cholesterol/transfat/so on also taking a hit: suck on that, Hungry Man): it's pretty easy to agree that the majority of Burger King's/McDonald's/Arby's/Pizza Hut's/Whoever's menus list unhealthy dietary options as the majority.
Because there's already sin taxes (though I doubt that specific term is still applied to the taxations in question) on alcohol and tobacco products, a great deal of revenue could be obtained by taxing foods high in cholesterol, salt, and various unhealthy and refined items -- or at the very least fast food items. The revenue obtained could easily go toward a funding a public health plan, or at the very least expanding Medicare. Of course, I would also argue that the taxes derived from tobacco and alcohol should, for the most part, be going toward the collective health pot.
I'm not suggesting an outrageous tax here; even something like 3% of the product's cost before sales tax would likely bring in a fair amount of money. The low rate would ensure companies would still see business while still providing a healthful reminder. If companies started to panic, I would simply point out the profits of the tobacco industry despite the extra cost of their product and its obviously ramifications to one's health.
Determining what would and wouldn't qualify would be difficult, because money and politics so easily ruins the soup. I suppose that's why I suggest the fast food industry takes the first hit (probably along with frozen, pre-packaged meals with levels of sodium/saturated fat/cholesterol/transfat/so on also taking a hit: suck on that, Hungry Man): it's pretty easy to agree that the majority of Burger King's/McDonald's/Arby's/Pizza Hut's/Whoever's menus list unhealthy dietary options as the majority.
Current Mood:
productive
Current Music: "Waiting for October" - Polaris
9 Treasure Custodians | Clean the Moon









