Taxation By Representation on Sugary Drinks Ban for New York City – The Mangru Report October 19, 2010Posted by Admin in Panel Discussion.
Tags: Adam Hasner, analysis, beverage, Bloomberg, city, class warfare, commentary, dan mangru, David Patterson, diabetes, euro-pacific capital, florida, food stamps, gdp, governor, health, healthcare, House of Representatives, interviews, john browne, Majority Leader, Michael, mike, New york, Paschal Liguori, politics, Premier Estate Properties, soda, sugary drinks, talk, television, The Mangru Report, tv
After Congress failed to pass a 10 cent tax on sugary drinks such as soda, New York City united behind Mayor Mike Bloomberg and Gov. David Patterson is now trying to implement a sugary drink ban in New York City for all food stamp recipients. Patterson and Bloomberg contend that all of the public spending on healthcare and the links to diabetes and other diseases justifies the government ban.
Opponents of the measure say that this is just another nanny-state solution by New York, and that this is another case of class warfare, with the less fortunate being targeted.
Watch The Mangru Report Panel of Experts composed of John Browne (Euro-Pacific Capital), Paschal Liguori (Premier Estate Properties), and Florida House of Representatives Majority Leader Adam Hasner debate both sides of the issue and look at the real costs at hand.