Friday, February 19, 2016

Taxing Sugar Treats the Symptoms But Not Cause of Obesity #Sugartax

They say the U.K. needs a new tax on sugar in food and an independent agency that will oversee a reduction in fat and sugar in processed food and drink.

How about a tax for stupidity? Treating (and taxing) symptoms while ignoring causes won't reduce obesity rates. That is, unless that's not the real goal here. Smart money already knows that.

Headline: Starbucks responds to ‘shocking’ sugar accusation

Starbucks (NASDAQ: SBUX), McDonalds (NYSE: MCD) and KFC (NYSE: YUM) are among a number of firms under fire over high sugar levels in their hot drinks.

U.K. campaign group, Action on Sugar, has released a report claiming that many high street hot drinks contain as much sugar as a can of Cola.

In what it calls the most shocking cases the hot drinks contained more than 20 teaspoons of sugars.



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