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More Signs of The End Times: Sugar Tax Edition

by: Fong

Mon May 17, 2010 at 10:35:43 AM MST


Another piece of the sky fell today as those slinging snack foods to the masses brace for the burden of charging their loyal customers a 2.9% sales tax-- one of the lowest in the nation. Curiously, (if you're that kind of person) the price of their already subsidized goods didn't go up 2.9%, but almost 10%. The reason for increasing hike by a factor of nearly four?

From DP whose acronym you just can't get enough of:

Michael Roth, owner of A Better Vending Co. in Broomfield, said his firm has increased prices "10 cents if not at least a quarter across the board" on soda.

He said the new tax put additional inventory-tracking demands on his company.

But, like Langdon, he said wholesaler price increases in prior years factored in to the price hikes as well.

"We get increases every year from our major suppliers," Roth said. "We don't go around every single year and raise prices, even though we should."

So when you hear the Right squeal about how big government is strangling the babies, remember that the real price of soda and candy is held artificially low by both subsidies and retailers who have lagged in passing on years wholesalers' price hikes. And kids, NEVER forget we have a really, really low state sales tax.

Fong :: More Signs of The End Times: Sugar Tax Edition
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It's the same song and dance about health care
claiming companies are raising their rates because government is actually doing something good for people that would soooo slightly infringe on insurance companies' territory.  

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