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Soda tax by the government overeach: Fmr. McDonald’s USA CEO Rensi
Former McDonald’s USA CEO Ed Rensi sounds off on Illinois’ soda tax.
California cities and counties are banned, and signed by the taxation of sodas and other sugary drinks for the next 12 years under a bill in a bill by democratic Gov. Jerry Brown.
The deal was rushed through the legislature and to the Governor’s Desk on Thursday. In exchange for the right, the soft drinks industry is a ballot-measure was planned for November. It would have raised, to approve the voter threshold for local sales tax increases on all items, not just soda taxes of a majority of the votes of a two thirds majority.
Signatures collected for the ballot through a campaign were funded by the beverage industry.
On the signing of the bill into law, Brown said in a statement that the increase in the voting rights threshold “would be an abomination.” Other Democrats, said that the election had, put them in a quandary.
The bill passed the Senate 21-7, with most Republicans abstaining, and only the democratic support. The Assembly approved 60-1.
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