Posted on December 14, 2016 | Las Vegas Review Journal by Pashtana Usufzy
The city of Las Vegas could reap major benefits from a tax on sugary beverages, including about $25.2 million in annual revenue, according to a report published Wednesday.
The report by Harvard public health researchers and Healthy Food America, a nonprofit group that advocates against added sugars in foods, used computer modeling to project the impact of a tax of 1 cent per ounce on sugary soft drinks in 15 major cities with the ability to implement such taxes.
Such a tax would increase drink prices by an average of 16.3 percent, which researchers say would cause many consumers to “shift to water or other, less harmful drinks.”