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Muhtar Kent
What's the right way to tax sugary drinks?
What's the right way to tax sugary drinks?

If you believe obesity is a serious health risk in the United States and sugary drinks are a major contributor to the problem -- and that's surely the prevailing nutritionists' view -- then a sugared beverage tax has to be on your radar screen. Now two university economists have found levying this sort of tax is the wrong approach. It's much more efficient and effective, argue Matthew Harding of Stanford and Michael Lovenheim of Cornell, to tax the sugar, not the drink. The main reason is that a sugar tax tougher to evade.  There's no question obesity has reached the level of a public health crisis. In their paper for the National Bureau of Economic Research, the authors remind us more...

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