SodaTax

Why Investors Should Fear Soda Taxes

With both obesity and fiscal austerity on the rise, makers of unhealthy foods are a tempting target for taxation. While companies like Coca-Cola and McDonald's are most obviously in the sights of the food police, the rest of the food industry may be vulnerable as well.

New York Wants to Ban Sugary Drinks from Food Stamp Purchases

Mayor Michael Bloomberg sought permission from the federal government to bar New York City%u2019s 1.7 million food stamp recipients from using them to buy sugary drinks such as sodas. Bloomberg, a staunch advocate of anti-obesity measures, sent the request to the United States Department of Agriculture, The New York Times reported.