"A national tax on soda would yield as much as $7 billion a year in net welfare to society"

Berkeley Economics Professor Dmitry Taubinsky, along with economists from the University of Pennsylvania and New York University, developed a cost-benefit analysis and suggested that a federal tax on soda at a rate between 1 and 2.1 cents an ounce would be the “optimal” tax with the greatest public benefit. "A national tax on soda would yield as much as $7 billion a year in net welfare to society," concluded the researchers. Read more