That was fast: Denmark to abandon “fat tax” enacted last year
posted at 1:14 pm on November 11, 2012 by Allahpundit
Second look at doughnuts:
Foods containing more than 2.3% saturated fat – including dairy produce, meat and processed foods – were subject to the surcharge.
But authorities said the tax had inflated food prices and put Danish jobs at risk.
The Danish tax ministry said it was also cancelling its plans to introduce a tax on sugar, the AFP news agency reports.
The ministry said one of the effects of the fat tax was that some Danes had begun crossing the border into Germany to stock up on food there.
According to one study, a fat tax needs to drive up the price of food by at least 20% in order to affect consumption. Before Tuesday I would have taken this as a sign of hope that nannyism in the U.S. is at high tide and set to recede, but if there’s one thing these election results stand for, it’s the idea that Americans refuse to absorb hard lessons already learned by Europeans.