South Korea's ruling People Power Party has criticized President Lee Jae-myung's proposal for a sugar tax, warning it could drive up inflation and disproportionately impact low-income households, while questioning its effectiveness in improving public health.
#YonhapInfomax #SugarTax #PeoplePowerParty #LeeJaeMyung #Inflation #RegressiveTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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People Power Party Criticizes President Lee's 'Sugar Tax' Proposal—'Taxation Controlling Even the Dinner Table'

South Korea's ruling People Power Party has criticized President Lee Jae-myung's proposal for a sugar tax, warning it could drive up inflation and disproportionately impact low-income households, while questioning its effectiveness in improving public health.

Yonhap Infomax

City Requires My Number Card for 'Swamp Tart' — BMI-Linked Sugar Tax

After the 'Swamp Tart' obesity crisis, patisseries are now "Sugar Supply Stations." BMI authentication applies punitive taxes.

https://alt.andpaper.net/en/articles/20260118-swamp-tart-crisis/

#MyNumber #BMI #SugarTax #SwampTart

Africa: Financing Health From Within - How Tobacco, Alcohol and Sugar Taxes Can Support Africa's Health Priorities: [Nigeria Health Watch] Africa's health sector is facing an unprecedented funding crisis, driven in part by a sharp decline in external health aid, which has fallen by 70% between 2021 and 2025. This shortfall is made worse by a rapidly expanding debt burden in African countries. In 2025, African… http://newsfeed.facilit8.network/TPnGb7 #AfricaHealth #HealthFunding #TobaccoTax #AlcoholTax #SugarTax

@CppGuy Yes, diabetes is bad, and if there were any evidence that the #sugartax reduced the burden of diabetes, then I would support it.

But there isn't.

@CppGuy I agree. Tobacco taxes are indeed regressive, but I think the public health argument on that one is strong enough to outweigh the tax equity argument.

If someone came up with some great evidence that the #SugarTax is also improving public health to a meaningful degree, then I would probably support it, but in the absence of that evidence, I think the tax equity argument wins for sugar.

I guess we're going to be talking about the #SugarTax a lot tomorrow.

This is your periodic reminder that it's mainly a tax-raising measure rather than a health thing. Proponents of it claim it makes people healthier, but there is almost no evidence to back that up.

It's also a highly regressive tax.

And from personal experience, the idea that it will encourage soft drinks manufacturers to formulate healthier low-sugar drinks seems unlikely. It's still hard to buy nice sugar-free soft drinks

Africa: Countries and Global Leaders Recognized for Their Action to Tackle the Obesity Crisis: [WHO] On 25 September, the World Health Organization (WHO) and the United Nations Inter-Agency Task Force on the Prevention and Control of Noncommunicable Diseases (UNIATF) recognized 12 countries and 7 non-State actors pioneering innovative, multisectoral action on obesity. From bold fiscal policies… http://newsfeed.facilit8.network/TNLlKL #ObesityCrisis #WHO #InnovativeSolutions #NoncommunicableDiseases #SugarTax

Maybe @Pepsi @Sainsburys @Asda @Tesco @Morrisons @Aldi @lidl should learn from @cocacola and stop sneaking sweeteners into thier cola.

#sugartax #cola #soda #Food #Drink