Arkansas Soda Tax
The Arkansas soda tax of 1992 levied a two cents per 12oz of soda excise tax, with all the proceeds going towards the state Medicaid fund. It is still in place today.
Cry Wolf Quotes
The tax took away our ability to accumulate funds to replace assets. We were strapped for cash flow.
[Back Yard Burgers] knew about the [Arkansas soda] tax when it made the move, but it wasn't much of a concern. "It really didn't enter into it at all," King says.
We're funding a program that has a lot of merit. But if it's so important, then everyone should be taxed, not just us.
Citizens against Unfair Taxes, or CUT, has held protests in several Northeast Arkansas stores during the past two weeks, handing out literature that says the tax would go into the ‘black hole of government spending.’
