re: Liberal Economics on Full Display in Philadelphia

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To understand Kenney's reasoning, you have to know that the new tax technically is applied at the wholesale level. That is, the city is charging a tax on the transaction that takes place when a business, like a sandwich shop or grocery store, purchases soda (or the syrup used to make soda in a fountain) from a distributor. In the mayor's mind, it seems, distributors and retailers are supposed to eat the cost of the tax and continue selling their products at the same price as before the tax went into effect.

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They are so out of touch with reality that they didn't think these businesses would pass along the cost to the consumers. I wonder how many minority-owned small businesses are feeling the crunch from the tax increase?