Friday, November 19, 2021

The Possibilities of a 'Sugar' Tax in Germany?

 Focus talked about this topic today.....between the coalition talks of the SPD, Greens and FDP Party.

The amount?  Unknown and not openly discussed.

Sodas, juice, candy, chocolate?  All affected, if this were passed.  The odds of this being a 10-percent thing?  I'd probably agree with that logic that prices would edge up by 10-percent.

Affecting consumption?  All that effort to edge up tobacco taxes....over the past 20 years in Germany?  All it achieved was more people buying untaxed tobacco brought into the country secretly.  

Likely to turn some folks angry?  Maybe, but for the vast number of folks.....they'd just go pay the new increased amount of money, within dumping their favorite products.

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