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Seattle Huge Soda Tax-Will It Work?
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<blockquote data-quote="Babagounj" data-source="post: 3311207" data-attributes="member: 12952"><p><a href="https://www.marketwatch.com/story/2633-instead-of-1599-a-case-costco-shows-seattle-customers-just-how-much-soda-tax-costs-them-2018-01-10" target="_blank">After Seattle soda tax, Costco says case of Gatorade costs $26.33 instead of $15.99</a></p><p></p><p>Costco has adopted a novel way to show its objection to a new soda tax in Seattle: It’s telling customers just how much the tax will cost and encouraging them to buy soft drinks outside the city.</p><p></p><p>The city recently enacted a tax of 1.75 cents an ounce on surgary beverages. The result: A case of Gatorade that used to cost $15.99 now costs $26.33 — a 65% markup.</p><p></p><p>And a case of Dr. Pepper now costs $17.55 instead of $9.99, according to Costco. That’s a 76% surcharge.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 3311207, member: 12952"] [URL="https://www.marketwatch.com/story/2633-instead-of-1599-a-case-costco-shows-seattle-customers-just-how-much-soda-tax-costs-them-2018-01-10"]After Seattle soda tax, Costco says case of Gatorade costs $26.33 instead of $15.99[/URL] Costco has adopted a novel way to show its objection to a new soda tax in Seattle: It’s telling customers just how much the tax will cost and encouraging them to buy soft drinks outside the city. The city recently enacted a tax of 1.75 cents an ounce on surgary beverages. The result: A case of Gatorade that used to cost $15.99 now costs $26.33 — a 65% markup. And a case of Dr. Pepper now costs $17.55 instead of $9.99, according to Costco. That’s a 76% surcharge. [/QUOTE]
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