When progressive politicians raise taxes on something, very often they’ll just take out their calculators and add up how much more the government’s going to haul in without taking into account a variety of other factors. This is one of the latest examples:
In its first year, Philly's soda tax fell more than $13 million short of revenue goal: https://t.co/h1eMLSRp9D @PHLBizJournal pic.twitter.com/gPJ5Tyndel
— NBC10 Philadelphia (@NBCPhiladelphia) January 27, 2018
Gosh, what could have possibly caused that to happen?
https://twitter.com/N2PHI/status/957351194892087297
If a consumer does not like the price, they will not purchase the product or will find alternatives #Capitalism #FreeMarkets #CommonSense #SodaTax
— Rory Margraf (@RoryMargraf) January 27, 2018
Shocking… https://t.co/ALyAI0jx0K
— Rory Margraf (@RoryMargraf) January 27, 2018
Shocking to city progressives, no doubt.