Friday, March 25, 2011

Will a fat tax reduce obesity?

My article in today's Province newspaper explains the likely outcome of giving government permission to tax products nanny statists deem undesirable. 

Read the entire article here

Governments love sin taxes and not because they want to punish sinners. Taxes on 'sins' like smoking, boozing and gambling rake in billions of dollars every year. In March, the B.C. government called for input on what to do about childhood obesity. Well, the BC Medical Association, worried about the growth in other peoples' waistlines, wants government to create a new sin – drinking soda pop – and tax it.

The prospect of getting permission for a new tax to fight fat has, no doubt, politicians and bureaucrats licking their lips in anticipation. However, if we let government invent a new sin and tax it, will we lose weight, or will our wallets just be lighter because government now has more of our money to waste?

Read the rest of the article here.

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