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Seattle's new absurb sugary drink tax
-To ring in the new year, Seattle implemented a new tax on its residents: the dreaded sugary drink tax. Now, we know just how much the tax will hurt consumers.
How bad is it?
Pricing labels at a Seattle Costco have garnered much attention because they show just how much soda and other sugary drinks now cost Seattle residents. A CBS News manager tweeted pictures showing the price increase of two drinks.
In the first case, the price of a case of Dr. Pepper (36 cans) nearly doubled. According to the picture, Costco sells the soda for $9.99. But with an added tax of $7.56, the soda now costs customers $17.55. In the second case, Costco sells a case of Gatorade for $15.99. But the tax adds $10.34 to the price, which brings the total cost to $26.33.
Despite the steep new prices, Costco was there to remind customers who live in the Seattle city limits that the tax doesn't apply to its nearby locations outside the city...
*see link for pics
https://www.theblaze.com/news/2018/0...gary-drink-tax
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