20p tax on sugary drinks propsed.

Here's one of those stories that help illustrate the point about de-merit goods really well. The Children's Food Campaign are calling for a specific tax on sugary drinks to help combat obesity in children. Key points:Sugary drinks is the example of a de-merit goodTax is the proposed strategy for reducing consumptionCosts of obesity given here (in terms of number of illnesses that could be reduced)Article gives a counter argument from British Soft Drinks Association using evidence from FranceClick here to read the article from The Grocer website