Sugary drink tax third parties (MXC) and so want to consume at the unregulated market equilibrium to maximize their utility. This means that there is overconsumption of sugar and a welfare loss is created. The sugary drinks tax, a Pigovian tax, is a way to correct the negative externality by regulating the consumption of sugary drinks. Without a sugary drink tax, taxpayer money is used to pay for higher health care costs incurred from high consumption of sugar. Although this solution corrects the negative consumption externality, taxpayers that consume sugary drinks moderately and hence do not contribute to higher health care costs, still
City of Brighton City of Brighton The City of Brighton was a local government area about south of Melbourne, the state capital of Victoria, Australia. The city covered an area of , and existed from 1859 until 1994. Brighton was first incorporated as a borough on 18 January 1859. It annexed some land in Elwood and Elsternwick in 1870, and became a town on 18 March 1887. It annexed from the City of Moorabbin on 3 April 1912, and on 12 March 1919, it was proclaimed a city. From 1861 onwards, Thomas Bent was associated with the council, being its mayor on several