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Economy

Seattle soda tax generates over $10M in the first six months

By William Nardi
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Seattle soda tax generates over $10M in the first six months

Seattle has generated over $10 million in taxes from the sale of sugary drinks since the levy was first imposed six months ago.

The tax of 1.75 cents per fluid ounce has raked in $5.8 million dollars just in second-quarter payments, and officials are optimistic the next quarter will surpass expectations, Fox Business reported.

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Food and Beverage Health Polls Regulations Seattle Taxes Washington