Aiming to curb unhealthy consumption habits, Mexico's Congress on Thursday approved new taxes on sugary drinks and junk food. Lawmakers approved a tax of one peso per liter, or about 8 cents, on soft drinks and an 8 percent sales tax on high-calorie foods, including potato chips, sweets and cereal. President Enrique Peña Nieto is expected to sign the taxes into law in January. The soft drink and food industries lobbied heavily to defeat the plan, but lawmakers said it was necessary to reduce rising rates of obesity and diabetes, as well as to raise revenue. Almost 70 percent of Mexicans are overweight, and about a third are obese, according to the World Health Organization. The foundation of New York City's mayor, Michael R. Bloomberg, financed an ad campaign to support the so-called soda tax. The taxes were among several revenue-raising measures approved by lawmakers, including higher taxes on the wealthy and the elimination of some breaks for industrial plants on the border with the United States, known as maquiladoras.
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World Briefing | The Americas: Mexico: Junk Food Tax Is Approved
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