When politicians decide to tax something new, taxpayers rarely see the end of it. This adage is especially true of so-called “sin taxes,” levies on products like alcohol, tobacco, and, increasingly, soda. Those in government always appreciate more money, and politicians like beating up on unpopular industries. It’s a two-pronged argument: you shouldn’t be buying too many alcoholic beverages, cigarettes, sugary drinks, and the like; and besides, the government needs more revenue anyway.
