Muhtar Kent, CEO of Coca Cola Company has a column in the October 7, 2009, Wall St. Journal about taxing soft drinks. The subtitle of the column is “Americans need more exercise, not another tax.”
Obesity is a complex issue, and addressing it is important for all Americans. We at the Coca-Cola company are committed to working with government and health organizations to implement effective solutions to address this problem.
But a number of public-health advocates have already come up with what they think is the solution: heavy taxes on some routine foods and beverages that they have decided are high in calories. The taxes, the advocates acknowledge, are intended to limit consumption of targeted foods and help you to accept the diet that they have determined is best.
In cities and states across America—and even at the federal level—this idea is getting increased attention despite its regressive nature and inherent illogic.