Aussie neighborhood wants to charge McD's 400% 'fat tax'5/15/2012
Big Macs might soon come with an even bigger price. A neighborhood city council in Melbourne, Australia is thinking about slugging fast-food outlets like McDonald's and KFC with a 400 percent increase in the rates they pay to operate in the area. The hope is that the so-called "fat tax" will discourage consumers from eating junk food, and decrease ever-soaring obesity statistics and related maladies like diabetes and heart disease. Because, you know, increasing the price of things like alcohol and cigarettes has definitely solved problems like binge-drinking and smoking.
Do you think the "fat tax" will have an impact?