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  • April 10, 2017

The historic failure of the soda tax

Economists Roy G. and Gladys C. Blakey criticized a national tax on soda passed during World War I, calling it "annoying" and questioning whether it would raise much money.

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dug back 98 years into the archives of for an article about how a national soda tax passed during World War 1 ultimately failed to raise much revenue for the government’s war chest. The newspaper cited a by co-authors Roy G. and Gladys C. Blakey about the Revenue Act of 1918. In the , the Blakeys called the soda tax for taxpayers and said it was “not high enough to discourage wasteful or unnecessary consumption, nor will it bring in much revenue to the government.” The Post notes that the policy was repealed shortly after the war even though the country still faced record debt.