Expert Insight: Economist Scott Drenkard Discusses Soda Tax And Government's Desire to Reduce Economic Costs of Obesity

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

In this interview, Scott Drenkard of the Tax Foundation discusses why he believes soda taxes are not good tax policy. He argues that the tax code is for raising revenue for government services, not for singling out activities to subsidize and punish based on what we do and do not like. Mr. Drenkard notes that it is not the tax code that needs reforming but the government social programs that share health care costs.