Remember back to the turn of the decade when Pittsburgh’s then Mayor was pushing the idea of a sugary drink tax? If not, read about those days of yesteryear here, here, and here.
The Mayor’s idea was to use the revenues for the pension fund.
Out east, where pop becomes soda, a new 1.5 cent per ounce (originally it was proposed at 3 cents per ounce) and despite it being sold as solely for pre-K, community schools, and park and library improvements but at a meeting this week it came to light that $41 million will go to the City’s fund balance. The tax is projected to raise $91 million annually.
