I mean, other than anybody…
Short from: Philadelphia institutes a high tax on sugary drinks. The end result is that people have stopped buying them… or at least, stopped buying them in city limits. And the end result of *that* is:
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.
The funniest part of the story is this panicky email from the Mayor:
I didn’t think it was possible for the soda industry to be any greedier … 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.
Huh. You raise a tax on a product, and the people selling the product don’t cut the price of the product so that the customer pays the same? How scandalous!
The real question in situations like this is: are the people who push for this sort of thing, then act surprised when the inevitable happens, stupid, deluded or just lying? When you tax something, you get less of it. When you subsidize something, you get more of it. This not only just makes sense, it’s also historically supported.
Extra betterness: the city is relying on the soda tax to fund its schools. They had planned on $7.6 million per month in tax revenues for that purpose, but only drew in $2.3 million the first month. So, once again good job: linking childhood education to a tax scheme that you had to know would be a disastrous failure.
Even more betterocity: the results of this have meant that far less soda is sold in town, which means far less soda needs to be moved into town via truck, which means there’s less work for truckers, which means members of the Teamsters Union are seeing up to 70% pay cuts. Good job, Democrats who supported this: you’re ticking off the Teamsters.
For some fun reading, take a look at the Wikipedia page of Philadelphia Mayor Jim Kenney. Right after the section on the sugary drink tax he pushed is a section on his opposition to Donald Trump… with extra emphasis on how he’s going to maintain Philadelphia’s status as a crime-enabling “sanctuary city.” Yeah. I’m sure that’ll work out greeeeeaaaat.