Wednesday, September 8, 2010

Tax Junk Food and Alcohol

Yes, it is time to tax junk food and alcohol. I think the tax raise should be at least 20% instead of 10% only. Well, maybe we should tax junk food and alcohol as we tax tobacco for health sake.

Tax junk food and booze to save lives
Adam Cresswell From: The Australian September 07, 2010 9:33PM

A WORLD-FIRST study has called for the introduction of a 10 per cent tax on junk food.

As well, it called for increased alcohol and tobacco taxes and mandatory limits on salt levels in bread and cereal in a package that would cut costs and save thousands of lives.

The first comparative evaluation of 150 different preventive health measures has found a core group of 20 would save over $6 billion as well as lives.

A further list of 23 different measures would cost more, financially, but would bring health benefits for less than $10,000 per annum of extra life bought -- five times below the normal threshold for cost-effectiveness.
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'Tax junk food and booze to save lives' (By Adam Cresswell From: The Australian September 08, 2010 3:14AM)

Cheaper groceries just as healthy as branded products, says Choice study
By Karen Collier From: The Courier-Mail September 08, 2010 3:08am

HOUSEHOLDS are paying up to twice the price for branded groceries that taste no better or have little nutritional difference to the supermarket labels.

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