Buying your favorite sodas may soon get a lot more expensive

If buying favorite sodas may is on your radar, this short guide cuts through the noise. Here is what is worth knowing, and how to put it to work today.

Key Takeaways

• Advertisement Sugary soft drinks are coming under attack again.
• Philadelphia’s mayor is proposing a 3 cents per ounce tax on soda, iced tea and other sugary drinks, according to NPR. The plan woul...
• Read more: 5 serious health risks of drinking diet soda Beverage companies fight latest soda tax proposal  Look at it this way: Under...

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Sugary soft drinks are coming under attack again.

Philadelphia’s mayor is proposing a 3 cents per ounce tax on soda, iced tea and other sugary drinks, according to NPR. The plan would tax the beverage companies, which could lead to higher prices.

Read more: 5 serious health risks of drinking diet soda

Beverage companies fight latest soda tax proposal 

Look at it this way: Under this proposal, there would be a 36-cent tax on a 12-ounce can of soda.

The city council will not vote on the matter until June, but beverage giants Coca-Cola and Pepsi have been united against it from the start.  

Where would the money go? 

This fight is a little different than previous ones – because this soda tax is different.

Rather than trying to reduce how much soda people drink for health reasons, Mayor Jim Kenney says the tax will fund universal pre-K and other projects, adding up to $400 million over five years.

Soda sales slump 

And this latest debate comes as soda sales have dropped for more than a decade.

People are increasingly turning to flavored waters and juices with fewer calories than soda, Fortune reported.

Read more: Why you might want to give your soda can a rinse

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Would you support the soda tax?

Only time will tell what happens in Philadelphia. If the soda tax passes, will consumers be willing to pay a higher cost or will they just purchase their soda outside city limits?

Take our Twitter poll and let us know what you think about the proposal.

 

Philly’s mayor is proposing a soda tax of 3 cents per ounce. Would you support a similar tax where you live?

, Clark Howard (@ClarkHoward) May 23, 2016

 

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Final Thoughts

Before you check out, double-check buying favorite sodas may against current offers and any coupons you can stack. Small habits like this add up to real savings over a year.

Originally published at clark.com.