Study: Soda surcharge is penny-wise — and pound-wise, too

We’ve all heard the term “penny-wise and pound-foolish.” However, according to findings from a new study in the journal Health Affairs, this cliché doesn’t hold true when it comes to proposed surcharges on soft drinks and other sugar-sweetened beverages, as the study’s authors conclude that a nationwide penny-per-drink soda tax would reduce consumption of sugary drinks by 15%.

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