57
      Wednesday
      79 / 54
      Thursday
      85 / 58
      Friday
      90 / 60

      New Tax: State Lawmakers Mull Sugary Drink Tax

      California lawmakers are mulling over a proposal to tax sugary drinks in an effort to curb climbing obesity rates.

      The one-cent per fluid ounce tax would apply to sweetened drinks like soda and energy drinks.

      The measure, introduced by State Sen. Bill Monning, D-Carmel, cleared a tax committee on Wednesday. Proponents of the measure said that it would raise more than $1 billion in revenue within the first year.

      {}

      component-story-more_media_horiz-v1-01
      FOLLOW US ON TWITTER