Wednesday, January 29, 2014

Mexican Tax on Soda

I had always suspected the War-On-Soda was a uniquely Americans thing.  Turns out this is not true.  I just learned that Mexico, our cheerful neighbor south of the border, has levied a 1 percent tax on soda drinks aimed at fighting obesity.

Mello-Yello 2013
The sad part is many Mexicans guzzle soda because they know it's germ-free.  Clean water is tough to come by in rural areas.  That Coca-Cola may have sugar, but its clean.  Meanwhile, the Mexican government gets a good chunk of change.  It's fairly clear there is an ulterior motive with the tax as many Mexicans have no choice but to buy soda. And fighting obesity is rather vague.  How about using the tax to fund clean water programs?  Ah, but the saddest part is the Mexican government would have never learned to market such a scam had it not been for America's own political elitists. Way to export, Bloomberg!

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