Sugar Tax Could Bring in Millions in Revenue

cokeIn addition to saving thousands of lives, a 20 per cent tax on sugared beverages such as the one we’ve seen implemented in The UK, could raise at least $400 million a year, according to a study.

The research conducted by the University of Queensland’s School of Public Health and the Obesity Coalition is the first of its kind to model Australian population data to assess the impact of a sugary drinks tax.

In the first 25 years of a sugar drinks 20 per cent tax, there would be 16,000 fewer cases of type 2 diabetes. There would also be fewer cases of heart diseases and stroke.

Read more: http://www.smh.com.au/business/consumer-affairs/sugar-tax-could-save-1600-lives-raise-400-million-australian-research-shows-20160413-go5mgh.html#ixzz467ZBqS4l