Everything You Need to Know About Cook County’s Soda Tax
What's your addiction? Most of us have one. If yours is soda, there is something you should be aware of.
Starting July 1st there will be a soda tax implemented in Cook County and here's everything you need to know about it:
- The tax was initially thought up as a way to improve public health. Similar taxes have been added to cigarette's, but people are still smoking.
- The new tax will also bring in an extra 200 million dollars. So let's be real, it's all about the money. If they are already predicting that, then they are also assuming that people are going to continue to purchase just as much soda.
- It is estimated that Chicago alone drinks 530 million liters of soda a year. So how much is this tax going to cost you? One cent per ounce, which is equivalent to 67 cents per every 2 liter bottle purchased.
- It may be called a 'soda tax' but don't let that fool you. The tax will also be added to soda syrups, low cal drinks, fruit juices that aren't 100% juice, iced teas, lemonades, and sports and energy drinks.
- So you should pretty much stick to water and milk to save money. The tax will not affect people who use food stamps. So there it is. And it all starts on Saturday.
Curious to hear your thoughts on this and how you would feel if Winnebago County initiated something similar to this.