The United States Senate is considering a federal tax on pop and other sugary beverages, the Wall Street Journal reports.
The 3 cent tax on every 12 oz serving of pop would pump an estimated $24 billion into federal coffers over the next four years. Senate leaders are considering the lifestyle tax as a way to fund part of President Obama’s health care plan.
The Wall Street Journal has the full story.
This post has been getting a good deal of traffic over the last few weeks. Here are some more recent posts on the push to tax soda.