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Published: Thu, October 12, 2017
Medical | By Garry George

Preckwinkle's sweetened beverage tax repealed

Preckwinkle's sweetened beverage tax repealed

The Cook County Board's finance committee has voted to repeal a penny-per-ounce tax on soda and other sugary drinks that has riled many Chicago-area residents.

Store owners, drink companies and bottlers all battled the tax.

Supporters of the movement which involve many top public health groups former New York City Mayor Michael Bloomberg have promoted the taxes as a symbol to combat obesity while also erecting earnings for confined administration.

The committee took the first step to repeal the ill-favored sweetened beverage tax on Tuesday and is expected to finalize the vote tomorrow.

Even if the repeal succeeds, Cook County residents and visitors will still pay a tax on sports drinks, diet colas and sweetened beverages throughout the fall, as the repeal measure doesn't take effect until December 1.

Since the tax went into effect on August 2, 2017, it has generated $16m in additional revenue for the county, a spokesperson from Preckwinkle's office told BeverageDaily. Almost 77 percent of those polled said they believed the tax was in order to raise money, with 11.71 percent saying it was meant to "improve health".

The budget cut caused by the repeal tax could amount to 11%, causing a lot of layoffs in order to cut costs.

The country's largest soda tax was levied and two months after it the oppressed lawmakers in Cook County are already assured to invalidate it.

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