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Under tobacco taxes:

The opposition to tobacco taxes from the tobacco industry has similarities to the opposition to soda taxes from the soda industry in many ways, including funding research that downplays the health risks of its products.[15]

Companies that sell sugary beverages have argued that taxes will result in job cuts; however, Philadelphia Mayor Jim Kenny pointed out that big soda companies like Pepsi made billions of dollars in revenue in 2016.

http://time.com/4743286/berkeley-soda-tax/

An article however states that job cuts by large companies are not as bad as they seem for 3 reasons. First, the same companies non sugary drinks may experience increase in consumption. Second, their will be an increase in demand for other jobs as consumers begin to spend their money in alternatives to sugary drink companies. Third, the benefits brought in by the tax are not accounted for.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4025719/

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Daniel Keroles