US Taxing Drinks

US Taxing Drinks
FILE - In this May 12, 2009, file photo witnesses testify before the Senate Finance Committee about overhauling the health care system on Capitol Hill in Washington. The Committee is considering raising taxes on alcohol and imposing a new levy on soda and other naturally sweetened drinks to help pay for the health care overhaul. From left, are, Robert Greenstein, executive director of the Center on Budget and Policy Priorities; Leonard Burman, director of Tax Policy Center at the Urban Institute; Katherine Baicker, Health Economics professor at Harvard School of Public Health; Joseph R. Antos, Wilson H. Taylor Scholar in Health Care and Retirement Policy at the American Enterprise Institute; and Stuart H. Altman, professor of National Health Policy. (AP Photo/Pablo Martinez Monsivais, File)