July 16th, 2009 5:33 pm | by HANK STERN News | Posted In: CLEAN UP

Aging Pipes And Sewers Vs. Tax on Soda and Soap


Here's a question: Would you pay a tax on soda, soap and toilet paper if you knew the money would go toward fixing "corroded pipes and overburdened sewer systems" nationwide?

We ask because U.S. Rep. Earl Blumenauer (D-Ore.) is co-sponsoring a bill that would create an infrastructure fund to tackle those repairs. And the funding mechanism that Blumenauer and other sponsors want to tap in what they're calling the Water Protection and Reinvestment Act would be a series of taxes as explained quite concisely at the Daily Green:

— 4 cents on the containers of water-based beverages in glass, cans, plastic less than 5 gallons, not including alcoholic beverages, milk, or juice from concentrate

— A 3 percent wholesale tax on disposable products normally flushed or disposed of through sewer systems, such as soaps, detergents, toiletries, toilet tissue, water softeners, and cooking oils

— A 0.5 percent wholesale tax on pharmaceuticals

— A .15 percent tax on corporate profits over $4 million a year.

Worth it?
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
comments powered by Disqus

Web Design for magazines