Eat Drink and Be Merry for Tomorrow we pay more Tax

Thu 12 Jan 2012: Eat Drink and Be Merry for Tomorrow we pay more Tax

Eat Drink and Be Merry for Tomorrow we pay more Tax

As the country looks forward to over-indulging at Christmas and through the summer, it is worth sparing a thought for the Danish who, from 1 October, have been forking out more to buy food with more than 2.3% saturated fat, such as dairy and meat products.

Said to be the first tax of its type in the world, the Danish Government is reported to have introduced the tax in order to reduce cardiovascular disease, obesity, and diabetes.

The tax was approved by 90% of the Danish Parliament, but consumers are not happy with the price increase to items such as butter and cheese.

The tax is charged at 16 DKK (approximately NZ$3.70) per kilogram of saturated fat on foods with more than 2.3% saturated fat. The tax will increase a pack of butter by the equivalent of about 55 cents and a burger by 20 cents. The week leading up to the increase saw consumers stocking up on food that will be subject to the tax.

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