Seattle has enacted a new tax on sugary drinks and you won’t believe how much it raises prices. It almost doubles the cost of products that fall in the right category.
The Blaze reports:
Costco price labels perfectly expose the absurdity of Seattle’s new sugary drink tax
To ring in the new year, Seattle implemented a new tax on its residents: the dreaded sugary drink tax. Now, we know just how much the tax will hurt consumers.
How bad is it?
Pricing labels at a Seattle Costco have garnered much attention because they show just how much soda and other sugary drinks now cost Seattle residents. A CBS News manager tweeted pictures showing the price increase of two drinks.
In the first case, the price of a case of Dr. Pepper (36 cans) nearly doubled. According to the picture, Costco sells the soda for $9.99. But with an added tax of $7.56, the soda now costs customers $17.55. In the second case, Costco sells a case of Gatorade for $15.99. But the tax adds $10.34 to the price, which brings the total cost to $26.33.
ARE YOU KIDDING?!?! Check out these prices at Costco now that the Soda and #SugarTax has taken affect in the Seattle area. 1.75 cents per fluid ounce. Pics @DevinSenaUI & @HaydenBedsole pic.twitter.com/RcsPY4e8L4
— Tim Williams (@realtimwilliams) January 6, 2018
Who does this hurt the most? Working families. Why punish people in this way?