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Washington voters set to decide ban on new local soda taxes
Technology
Published in 24-10-2018
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SEATTLE (AP) Soda industry giants including the Coca-Cola Co. and PepsiCo, Inc. are spending more than $20 million to convince voters in Washington state to pass an initiative that would block local governments from imposing taxes on soda, sugary beverages and some food items. The effort follows a tax on sugary beverages that went into effect in Seattle earlier this year. "When you tax any grocery items, when you raise prices, it's not a good thing for the businesses," said Prem Singh, who owns convenience stores in the state and is part of a coalition of small businesses, chambers of commerce and restaurants supporting the initiative.
Reference: www.chron.com