Consumers, each directed by their own self-interests, will either reduce consumption or shift spending away from the city to less expensive suburbs. Expected benefits of the cash injection to $91 million to restock Philadelphia's depleted coffers will likely prove to be 'overly optimistic'. When spending on better schools and social problems, run over budget, the restock of public coffers will become yet another illusion of political sell job. After that, the finger point begins. This process will repeat in city after city until the public demands more than 'government save us' from their representatives.
Headline: Philadelphia passes soda tax after mayor rewrites playbook
NEW YORK, June 16 (Reuters) - Philadelphia Mayor Jim Kenney scored a victory that had eluded more than 40 U.S. public officials who took on the powerful U.S. soda industry when the city council voted on Thursday to slap a tax on sweetened drinks.
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