Does a soda tax work? Philadelphia gains $5.7m in tax revenue and sees drop in soda drinking

In its first month of existence, the Philadelphia soda tax has brought in $5.7m, more than double its original projection of $2.3m, according to the figures from the city’s revenue department. The rise in tax revenue also corresponded with a decline in soda consumption.

Source: Does a soda tax work? Philadelphia gains $5.7m in tax revenue and sees drop in soda drinking