Sugary soft drinks are coming under attack again.
Philadelphiaâ€™s mayor is proposing a 3 cents per ounce tax on soda, iced tea and other sugary drinks, according to NPR.Â The plan would tax the beverage companies, which could lead to higher prices.
Read more: 5 serious health risks of drinking diet soda
Beverage companies fight latest soda tax proposalÂ
Look at it this way: Under this proposal, there would be a 36-cent tax on a 12-ounce can of soda.
The city council will not vote on the matter until June, but beverage giants Coca-Cola and Pepsi have been united against it from the start. Â
Where would the money go?Â
This fight is a little different than previous onesÂ â€“ because this soda tax is different.
Rather than trying to reduce how much soda people drink for health reasons, Mayor Jim Kenney says the tax will fund universal pre-K and other projects, adding up to $400 million over five years.
Soda sales slumpÂ
And this latest debate comes as soda sales have dropped for more than a decade.
People are increasingly turning to flavored waters and juices with fewer calories than soda, Fortune reported.
Would you support the soda tax?
Only time will tell what happens in Philadelphia.Â If the soda tax passes, will consumers be willing to pay a higher price or will they just buy their soda outside city limits?
Take our Twitter poll and let us know what you think about the proposal.
Philly’s mayor is proposing a soda tax of 3 cents per ounce. Would you support a similar tax where you live?
— Clark Howard (@ClarkHoward) May 23, 2016