Soda tax more popular than pot sales in local Colorado

DENEVR BUSINESS JOURNAL - Boulder approved a tax on sugary drinks, voters in 19 more cities approved a build-out of municipal broadband networks and more cities rejected marijuana sales than backed them in local election results Tuesday.

The two-cent tax on soda and other sugar-sweetened drinks in Boulder drew arguably the greatest amount of attention as national groups watched it as a possible example of how to cut back on consumption of calorie-laden beverages. The measure passed with 54 percent of the vote.

“Boulder voters have planted the first flag in the middle of the country by standing up to the soda industry and passing a sugary drinks tax,” said Jake Williams, executive director of tax backer and advocacy group Healthier Colorado.

Dacono, meanwhile, approved a lodging tax to support an economic-development program. Lafayette, however, rejected a property tax increase to fund free Regional Transportation District bus passes for city residents.

Read more at the Denver Business Journal: http://bit.ly/2elj9wz

(© 2016 American City Business Journals. All rights reserved.)


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