Ecuador Proposes a "Junk Food Tax" on Chain Restaurants
The Ecuadorian President has announced the proposal of a new tax on foods sold by fast food chains, such as McDonalds, Burger King, Pizza Hut, etc. The tax will not apply to non-chain restaurants and vendors, even for similar foods.
The proposal is to discourage unhealthy eating in Ecuador and the revenue will be used to fund health care spending. The method of implementing such a tax is curr…
Continue Reading