The Democrat-Run city of Philadelphia passed a massive tax on beverages last year, to the cheers and applause of the Democrat Media Complex and left-wingers everywhere. However, increasing the cost of these beverages by 100% has had economic consequences.
Two months into the city’s sweetened-beverage tax, supermarkets and distributors are reporting a 30 percent to 50 percent drop in beverage sales and are planning for layoffs.
One of the city’s largest distributors says it will cut 20 percent of its workforce in March, and an owner of six ShopRite stores in Philadelphia says he expects to shed 300 workers this spring.
This is what they wanted, right? To get people … in particular, poor people… to stop drinking beverages they didn’t approve of.
But now, the same people who passed the tax are getting all nasty about the effects of their tax.
“I didn’t think it was possible for the soda industry to be any greedier,” Kenney said in an emailed statement. “ … They are so committed to stopping this tax from spreading to other cities, that they are not only passing the tax they should be paying onto their customer, they are actually willing to threaten working men and women’s jobs rather than marginally reduce their seven figure bonuses.”
So, these Democrat geniuses passed a massive tax increase with the intention that by making soda less expensive, people would consume less of it. Now, they are feigning outrage that the tax is actually making soda more expensive and people are consuming less of it. But businesses, I guess, are supposed to just eat their losses and not realign their workforces in response?
This is like the people who gleefully passed minimum wage hikes and are wondering why all the restaurants are closing.