"To encourage healthy eating, higher taxes should be imposed on soft drinks and junk food" CSS 2023
Outline
I. Introduction
II. The economics of sin taxes
III. Significance of promoting a healthy diet
A. State spending on health sector
B. Better health, better growth/ productivity
IV. Justifications for raising tax rates to encourage healthy eating
A. Discourages unhealthy eating choices
B. Higher Tax Revenue
C. Redistribution of wealth
D. Politically popular tax
V. Is tax a simple fix for fixing eating habits?
A. Sin Taxes are regressive
B. Sin Taxes are difficult to administer
C. Sin Taxes are discriminatory
D. Sin Taxes does not eradicate the problem
VI. A balance approached to encrourage consumption of healthy food is required
A. Identification / exhibition of major health concerns in a society
B. Creating awareness among people specially those responsible for parenting and teaching
C. Role of Food Control Authorities
D. Leving high tax rates on only non-essential items
E. Reducing tax rates on healthy diet items
VII. Conclusion
Credit: Akbar Mayo (IRS)
Taxes must be raised on unhealthy foods. But, what about tax rebate on health food?