In the News

Tax Foundation Blog – March 3, 2016

Philadelphia Mayor Proposes Gigantic Soda Tax

Philadelphia Mayor Jim Kenney is expected to propose a large soda tax tomorrow when he presents his budget recommendations to the city council. The mayor expects that the tax, which would be levied at 3 cents per ounce, would raise $400 million over five years. Most of that revenue is earmarked for increased spending on prekindergarten education, the Wall Street Journal reported this week.

« Back to Articles

Facebook Twitter