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‘Fat tax’ on junk food as prices may rise to boost the war against obesity
Posted By admin On May 10, 2010 @ 4:20 am In Sci Tech | Comments Disabled
UK Daily Mail
May 10, 2010
Junk food and sugary drinks could be hit with ‘fat taxes’ in an effort to combat obesity and help fill the black hole in Government finances.
The Food Standards Agency is planning to consult on whether such taxes would help make people eat healthier food.
If imposed, the taxes would operate on the same principle as those on tobacco and drink to change behaviour and raise money.
The most likely option would be to apply the so- called fat tax to processed foods, snacks and sugary drinks.
However, under one scenario, 17.5 per cent VAT might even be applied to full fat milk, butter and cheese to encourage a switch to products with less saturated fat.
Food is currently exempt from VAT.
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URLs in this post:
 Full article here: http://www.dailymail.co.uk/news/article-1275920/Fat-tax-junk-food-prices-rise-boost-war-obesity.html
 Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502
 Fat tax ‘is the best way to cut obesity’: Treat junk food like cigarettes, argues the OECD: http://www.prisonplanet.com/fat-tax-is-the-best-way-to-cut-obesity-treat-junk-food-like-cigarettes-argues-the-oecd.html
 Food prices to rise globally as energy prices edge higher: http://www.prisonplanet.com/food-prices-to-rise-globally-as-energy-prices-edge-higher.html
 People who eat processed junk food are angry, irritable, say scientists: http://www.prisonplanet.com/people-who-eat-processed-junk-food-are-angry-irritable-say-scientists.html
 World food prices rise further, raising fears of unrest: http://www.prisonplanet.com/world-food-prices-rise-further-raising-fears-of-unrest.html
 Food prices rise at the fastest rate on record: http://www.prisonplanet.com/food-prices-rise-at-the-fastest-rate-on-record.html
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