[만점] Economics Microeconomics IA Commentary

Chocolate bars to be hit with 75% sugar tax

Renae Stampp

Published Mar 23, 2019 at 8:00 am (Updated Mar 23, 2019 at 12:41 am)

All chocolate bars that contain sugar will be hit with a 75 per cent sugar tax from the start of next month, the House of Assembly heard last night.

Kim Wilson, the health minister, told MPs chocolate and cocoa products with sugar were to be added in the list of food and drinks covered by the sugar tax.

Ms Wilson said 10 per cent — $77 million — of the $770 million spent on health every year was used to treat people with diabetes.

She added about $27 million a year was spent on dialysis treatment. Ms Wilson said the sugar tax was not designed to raise revenue but to reduce the consumption of sugar…