Report: Indonesian soda tax would cost gov’t revenues, kill jobs

The tax may kill 80,000 jobs and (we might add) not produce any health benefits whatsoever.

“Indonesia might suffer an annual loss of Rp 700 billion (US$72.4 million) if the government insists on imposing an excise of Rp 3,000 (31 US cents) per liter on carbonated drinks, a study by a University of Indonesia (UI) research institution says.”

Read more at the Jakarta Post.