• orclev@lemmy.world
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      24 hours ago

      I got curious and looked it up. I couldn’t find anywhere in the US that taxes sugary cereal only drinks, and even if they did the highest rate I found was 2 cents per ounce (tangent, it’s completely idiotic that they tax by weight instead of taxing by sugar content) which is significantly less than the markup in this case. It was a good theory, but unfortunately it doesn’t check out.