NY Governor Paterson Proposes Soft Drink “Obesity Tax”

As if there aren’t enough taxes, you could soon be paying more for soda. In an effort to close the $15 billion state budget gap, New York Governor David Paterson is calling for a 15 percent tax on soft drinks. If you drink diet, you’re okay. The tax would only be imposed on regular, non-diet soft drinks. The logic: it could generate more than $400 million while helping to curve obesity.