Mexico's Soda Pop PloyDan Woodger
By DAVID TOSCANA
Published: November 3, 2013Op-Ed: Mexico’s Soda Ploy
- One of the most talked-about is a tax of one peso (about 8 cents) on every liter of sugary beverages, which our Congress approved on Thursday. The tax — part of a fiscal reform package that also includes an 8 percent tax on junk food — is aimed at obesity.By various measures, Mexico is either the world’s fattest country, or the second fattest, after the United States.
So here’s an idea: now that we’ve taxed soda, let’s tax corruption. According to the Mexican employers’ association, the cost of corruption is 9 percent of our economic output ($1.2 trillion). If you apply the standard value-added tax of 16 percent, you’ll collect $17 billion. If you think a tax on soft drinks will make us healthier, just imagine what a tax on corruption could do.