London, Britain: After the independent National Food Strategy called for a sugar and salt reformulation tax, Britain’s Prime Minister Boris Johnson rejected the idea.
Addressing a news conference on Thursday, he said, “I am not attracted to the idea of putting extra taxes on hardworking people.” He was sharing his vision for tackling inequalities in Britain in central England during the conference.
Experts had already warned that if the sugar tax comes into existence, low-income people will be majorly impacted by this decision.
As per the reports, a majority of the countries where sugar taxes have been introduced suffered a major blow. Recently, a report commissioned by the National Economic Development and Labour Council had stated sugar tax introduced in South Africa in 2018 has led to the loss of 16,621 jobs and R653 million in investment. The report titled The Economic Impact of the Health Promotion Levy found that the losses led to the decline in the industry’s contribution to the GDP by R2.05 billion in 2019. The sugar industry’s Gross Value Added Contribution to the economy declined by R1.19 billion in the year.
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