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Story Posted: 2009-07-31
U.S. Considers Taxing Unhealthy Food Products
Source: www.forbes.com, Category:
Health & Nutrition, Food Industry, General Canola Info, Media Coverage
The Obama administration has an idea that could help pay for health care reform: put a sales tax of 10 percent or more on fattening foods and beverages. Such a tax could raise $522 billion over the next 10 years. The concept aims to reduce the hefty health care cost of obesity and to promote wellness, but has been met with opposition from the food industry.
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