Philly to tax soda, price will skyrocket

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Mayor Nutter, balking at cutting “core services” and running out of ways to raise money, is expected to balance next year’s budget with a steep tax on sugary drinks and a $300 annual residential trash fee, sources familiar with the plan said yesterday.

City Councilman W. Wilson Goode Jr. said he anticipated a 2-cent-per-ounce tax on sweet drinks as part of Nutter’s 2010-2011 budget, to be presented tomorrow. That’s $2.88 on a 12-pack of soda cans.

Full story: Nutter expected to tax sugary drinks, set trash fee | Philadelphia Inquirer | 03/03/2010