Looney Friday: March 10, 2017
Sugar! Ah, Honey, Honey!
"An act relating to imposing an excise tax on food products containing sugar" - H.477 (Read the bill here)
Rep. Jim Masland (Thetford) is quickly becoming one of the lead characters in our Looney Friday episodes. This week, he takes another aim at sugar. But instead of taxing "sugary drinks, he proposes a NEW tax on ANY food product that contains sugar.
Think about it, this new tax could easily add $20-$30 a year to your costs to shop at your local grocery store. A pint of Ben & Jerry's Phish Food ice cream could cost you an additional 6 cents per container. It may not seem like a lot on it's own, but when you tally all the foods you purchase over the course of a year; it really starts to add up!
Do you think Vermont Democrats will stop here? No. Every year they will increase this tax, syphoning more of your hard-earned dollars in favor of pet projects.
Sadly, this is what we've come to expect from Montpelier.
The affordability crisis will not only cause Vermont's hard-working families continue to struggle, it will bankrupt the state.