Taxes on sugary soft drinks are on several municipal ballots tomorrow, but will they achieve their desired results? Meanwhile, TPP is practically dead and the EU will adopt subsidies to encourage precision farming. Sugar Tax Election A tax on sugary soft drinks is on the ballot in at least four cities tomorrow. Three California jurisdictions each propose a tax of one cent per ounce. A similar UC-Berkley tax found that only around half the tax cost is passed on to consumers, meaning the result will be about six cents per 12-ounce can of soda. With vending machines charging a minimum of $1/can, any change in actual behavior is likely to be minimal. Health advocates are hoping for a consumption decline like that experienced when cigarette ta...

TAGS – Softs, North America