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<blockquote data-quote="Babagounj" data-source="post: 2682980" data-attributes="member: 12952"><p>or do as Philly did .</p><p></p><p><a href="http://www.philly.com/philly/news/politics/20160617_Philadelphia_City_Council_to_vote_on_soda_tax.html" target="_blank">The 1.5-cent-per-ounce tax on sweetened and diet beverages</a> is funding nearly 2,000 pre-K seats this year as well as several community schools. The city hopes it will bring in $92 million per year for the education programs and to in part fund renovated parks and recreation centers.</p><p></p><p>To hit its annual target, the city needs to collect $7.6 million a month in tax revenue. The first collection was due Feb. 21 but collection information won’t be available until next month. Early projections from the city's quarterly manager's report predict only $2.3 million will come through in the first collection.</p><p></p><p>Two months into the city’s sweetened-beverage tax, supermarkets and distributors are reporting a 30 percent to 50 percent drop in beverage sales and are planning for layoffs.</p><p></p><p></p><p>One of the city's largest distributors says it will cut 20 percent of its workforce in March, and an owner of six ShopRite stores in Philadelphia says he expects to shed 300 workers this spring.</p><p></p><p><a href="http://www.philly.com/philly/news/Soda-companies-supermarkets-report-50-percent-losses-from-soda-tax.html" target="_blank">Soda companies, supermarkets report 30-50 pct. sales drop from soda tax</a></p><p><a href="http://watchdog.org/289262/soda-tax-philly-layoffs/" target="_blank">Distributors say layoffs coming because of Philly soda tax - Watchdog.org</a></p><p><a href="http://www.foxnews.com/politics/2017/02/27/distributors-say-layoffs-coming-because-philly-soda-tax.html" target="_blank">Distributors say layoffs coming because of Philly soda tax</a></p></blockquote><p></p>
[QUOTE="Babagounj, post: 2682980, member: 12952"] or do as Philly did . [URL='http://www.philly.com/philly/news/politics/20160617_Philadelphia_City_Council_to_vote_on_soda_tax.html']The 1.5-cent-per-ounce tax on sweetened and diet beverages[/URL] is funding nearly 2,000 pre-K seats this year as well as several community schools. The city hopes it will bring in $92 million per year for the education programs and to in part fund renovated parks and recreation centers. To hit its annual target, the city needs to collect $7.6 million a month in tax revenue. The first collection was due Feb. 21 but collection information won’t be available until next month. Early projections from the city's quarterly manager's report predict only $2.3 million will come through in the first collection. Two months into the city’s sweetened-beverage tax, supermarkets and distributors are reporting a 30 percent to 50 percent drop in beverage sales and are planning for layoffs. One of the city's largest distributors says it will cut 20 percent of its workforce in March, and an owner of six ShopRite stores in Philadelphia says he expects to shed 300 workers this spring. [URL="http://www.philly.com/philly/news/Soda-companies-supermarkets-report-50-percent-losses-from-soda-tax.html"]Soda companies, supermarkets report 30-50 pct. sales drop from soda tax[/URL] [URL="http://watchdog.org/289262/soda-tax-philly-layoffs/"]Distributors say layoffs coming because of Philly soda tax - Watchdog.org[/URL] [URL="http://www.foxnews.com/politics/2017/02/27/distributors-say-layoffs-coming-because-philly-soda-tax.html"]Distributors say layoffs coming because of Philly soda tax[/URL] [/QUOTE]
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