Care For a Soda?

Back in November 2014 we posted about Berkeley, California being the nation’s first to pass a tax on soda, but it doesn’t look like they’ll be the last.

In a recent article in the Atlanta Journal-Constitution, “Vermont lifted its sales tax exemption on sugary drinks on July 1, effectively adding a 6 percent levy aimed partly at helping the state close a $113 million gap between revenue and spending.  The Illinois legislature also tackled a 1 cent per ounce tax on sugary drinks in its 2015 legislative session as it sought to balance an about $3 billion revenue shortfall, according to new reports.”

Advocacy groups on both sides of the issue continue to duke it out, but don’t worry, Vertex Inc. will keep you up-to-date on the pop.