The misguided sugar tax is an ineffectual way to price the externalities of obesity

Sodas

One of George Osborneā€™s last acts as chancellor in 2016 was to announce the so-called sugar tax. This came into force last week, in line with the original timetable. Drinks manufacturers are taxed according to the volume of sugar-sweetened beverages they produce or import. The tax increases with the sugar content. The aim is to […]