Philadelphia Is 1st Major American City With Soda Tax

Philadelphia became the first major American city with a soda tax on Thursday despite a multimillion-dollar campaign by the beverage industry to block it.
0:21 | 06/17/16

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Transcript for Philadelphia Is 1st Major American City With Soda Tax
First of its kind new tax on soda in Philadelphia is likely to end up in court the tax which amounts to a scent and a half. Per ounce comes after months of bitter negotiations. It'll be paid by distributors not consumers that beverage industry has vowed to fight the taxing. It'll mean lost jobs and place an undue burden on the poor.

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