Denmark’s ‘fat tax’

Steven Huntley tries to teach us a lesson from Denmark’s ‘fat tax’ in his article “A ‘fat tax’ lesson from Denmark” this week. Denmark tried to fight the country’s rising obesity levels by enacting higher taxes on foods that contained more than 2.3 percent saturated fat such a cheese and butter.  Danes were outraged and began finding cheaper versions or crossing the boarder to stock up on their favorite foods.

Huntley relates the lessons learned from the ‘fat tax’ to America’s current financial woes.  To see what he believes we need to learn from Denmark’s failed attempt to cut the fat, do not miss this enlightening article.