Campaign Urges Double Tax on Mexico Sugary Drinks Amy Guthrie - Financial Times
go to original August 18, 2016

Mexico’s Tax on Sugary Drinks Doesn’t Dent Demand (CCTV)

The authorities in Mexico are being urged to double the tax on sugary drinks in an attempt to reduce obesity and raise revenue.

The campaign by health advocates and senators is being watched closely by industry groups abroad after Mexico placed a 10 per cent surcharge on sugary beverages three years ago to combat an epidemic of obesity and diabetes.

Supporters of a higher tax say they are taking action because domestic sales of fizzy drinks have largely recovered following an initial drop.

Mexico’s tax has raised about $2.5bn in revenues, more than expected. Resilient sales mean the industry could withstand a higher tax burden, said Jorge Terrazas, head of the Mexican soft drink producers association, which represents Coca-Cola and Pepsi bottlers.

Read the rest at Financial Times

Related: Two-Peso Tax Aims to Cut Mexico's Thirst for Soda, Curb Obesity: NGO Head (Xinhua)

Related: Tax on Junk Food Reduced Consumption in Mexico, Study Finds (FOX News)

Related: Can a Junk-Food Tax Work? Unhealthy Snack Buys in Mexico Drop 5.1 Percent (Dallas News)

Related: Mexico's Junk Food Tax is Making Poor People Buy Less Crap (VICE)

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