Fat Chance for N.Y. Obesity Tax

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CBNNews.com - New York's governor says his proposed obesity tax on sugary drinks won't pass the state legislature.

Gov. David Patterson said he wants to raise awareness of childhood obesity. His proposal would place an 18 percent tax on soda and other sugary drinks containing less than 70 percent fruit juice.

According to a study, the tax would raise an estimated $1 billion in revenue over the next two years, while reducing the use of sugary drinks by 5 percent.

Patterson says one out of every four children nationwide is obese.

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