VT Soda Tax Could Bring Money to NH

SodaTaxThe Vermont House Health Care Committee voted 7-2 with 2 members absent today to include a penny per ounce excise tax on sugar-sweetened drinks in an overall health care package. The proposal will be voted on Friday. The tax bill that would raise an estimated $27 million to support state health programs. Supporters say it will also discourage consumption of products that are big contributors to obesity.
Art Woolf, an associate professor of economics at the University of Vermont, said eastern Vermont and western New Hampshire had equally large retail sectors up through the 1960s.Vermont passed a 3 percent sales tax in 1969, which since then has been raised in stages to 6 percent. Data from 2007 show that retail activity on the New Hampshire side of the Connecticut River was now outstripping that on the Vermont side by 40 percent,

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