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
Scotland Food & Drink a membership organisation, funded by subscriptions. It also receives funding support from Scottish Government. Members are drawn from across the Scottish food and drink industry, and include farmers, retailers, supporting organisations and trade associations. Members receive various benefits and services, and can contribute to industry-wide initiatives. An executive group ensures support across the sectors. Its members include: Scotland Food & Drink Scotland Food & Drink is the industry leadership trade association established in 2007. It aims to collaboratively grow the value of the industry to £30 billion by 2030 and to reinforce the reputation of Scotland as a Land of