Friday, November 13, 2009

Calories, Fast Food Restaurants, and the Badness tax

We found that requiring fast food chains to post calories on their menus does not reduce peoople buying the fattening foods. This editorial argues that the poor are extremely price sensitive and that one should provide "proper incentive" I suggested replacing our tax system with a "badness tax" on items which would include the healthfulness or lack thereof as well as other factors like global warming, conventional pollution, and labor standards.

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