The sugar-sweetened beverage tax as proposed in the 2010-11 Executive Budget would remain at approximately one cent per ounce – an excise tax of $7.68 per gallon for beverage syrups or simple syrups and $1.28 per gallon for bottled soft drinks, powders or base product.
The current State and local sales tax would be eliminated on low-calorie soft drinks (10 or fewer calories in 8 ounces) and bottled water. The State would hold local governments harmless from the revenue loss that would result from the sales tax elimination.
The State and local sales tax based would be expanded to include coffee and tea drinks bottled for sale if they contain more than 10 calories in 8 ounces. Low-calorie coffee and tea drinks would not be included in the expansion and would remain exempt from State and local sales taxes.
“i think we should just increase the income tax – but put most of the burden on the upper tax bracket. If they don’t like it they can move to CT. Less douchebags roaming the city.”
If you go to the big malls in New Jersey on any given weekend (especially Paramus, Secaucus and Woodbridge), you’ll find tons of New Yorkers who go there to buy their clothes, tax free. While they are there, they buy gas (about 40 cents/ gallon cheaper) and stock up on cigarettes, which are also cheaper. Should this tax pass, they’ll stock up on soda too, hence hurting NY’s distributors.
Snappy;
I understand that many folks can’t go to Jersey. On the other hand, many can, and they will do so, and that will hurt our distributors.
“Benson, there’s no sales tax on clothing in NYC.”
So long as you buy stuff that costs less than a certain amount.
Snappy, gotta eat girl. peddling soda is better than other stuff.
Benson, there’s no sales tax on clothing in NYC.
Ok…$.01 per oz is far more reasonable.
I know about that Benson, but many families/individuals can’t go somewhere else to get clothes/food/etc.
Pete, how much does a 2 liter cost? I’m guessing here, as I don’t buy them.
LOL DH, soon it will be cheaper to have a crack habit 🙂
No tax on diet coke.
From a NYS press release:
Elements of the Governor’s proposal are:
The sugar-sweetened beverage tax as proposed in the 2010-11 Executive Budget would remain at approximately one cent per ounce – an excise tax of $7.68 per gallon for beverage syrups or simple syrups and $1.28 per gallon for bottled soft drinks, powders or base product.
The current State and local sales tax would be eliminated on low-calorie soft drinks (10 or fewer calories in 8 ounces) and bottled water. The State would hold local governments harmless from the revenue loss that would result from the sales tax elimination.
The State and local sales tax based would be expanded to include coffee and tea drinks bottled for sale if they contain more than 10 calories in 8 ounces. Low-calorie coffee and tea drinks would not be included in the expansion and would remain exempt from State and local sales taxes.
“i think we should just increase the income tax – but put most of the burden on the upper tax bracket. If they don’t like it they can move to CT. Less douchebags roaming the city.”
Rob is not a douchebag.
Snappy;
If you go to the big malls in New Jersey on any given weekend (especially Paramus, Secaucus and Woodbridge), you’ll find tons of New Yorkers who go there to buy their clothes, tax free. While they are there, they buy gas (about 40 cents/ gallon cheaper) and stock up on cigarettes, which are also cheaper. Should this tax pass, they’ll stock up on soda too, hence hurting NY’s distributors.