Jim Kenney’s first big move as Philly mayor is the soda tax. The 1.5-cents-per-ounce tax on sugary beverages also includes things like iced tea and sports drinks. Critics say the tax is regressive, and will hit the city’s lowest income residents hardest. The tax goes toward new initiatives like universal pre-K, but also toward the city’s fund balance.
Soda tax ‘killing’ corner stores that rely on summer sales
Water has been a major boon but not enough to make up for the decline in sugary beverages.
