{"id":8056,"date":"2013-07-09T05:53:12","date_gmt":"2013-07-09T09:53:12","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8056"},"modified":"2013-07-09T05:53:12","modified_gmt":"2013-07-09T09:53:12","slug":"denmarks-fat-tax-fiasco-institute-of-economic-affairs","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/","title":{"rendered":"Denmark\u2019s fat tax fiasco | Institute of Economic Affairs"},"content":{"rendered":"<p>Christopher Snowdon reviews Denmark&#8217;s attempt to reduce obesity by taxing saturated fats:<\/p>\n<blockquote><p>The economic and political failure of the fat tax provides important lessons for policy-makers who are considering \u2018health-related\u2019 taxes on fat, sugar, \u2018junk food\u2019 and fizzy drinks in the UK and elsewhere. As other studies have concluded, the effect of such policies on calorie consumption and obesity is likely to be minimal. These taxes are highly regressive, economically inefficient and widely unpopular. Although they remain popular with many health campaigners, this may be because, as one Danish journalist noted, \u2018doctors don\u2019t need to get re-elected.\u2019<\/p><\/blockquote>\n<p>Read more at <a href=\"http:\/\/www.iea.org.uk\/publications\/research\/the-proof-of-the-pudding-denmark%E2%80%99s-fat-tax-fiasco\">The Proof of the Pudding: Denmark\u2019s fat tax fiasco | Institute of Economic Affairs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Christopher Snowdon reviews Denmark&#8217;s attempt to reduce obesity by taxing saturated fats: The economic and political failure of the fat tax provides important lessons for policy-makers who are considering \u2018health-related\u2019 taxes on fat, sugar, \u2018junk food\u2019 and fizzy drinks in the UK and elsewhere. As other studies have concluded, the effect of such policies on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Denmark\u2019s fat tax fiasco | Institute of Economic Affairs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33],"tags":[999,1350,1665,2010,3035,3283],"class_list":["post-8056","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","tag-denmark","tag-fat-tax","tag-health-related-taxes","tag-junk-food","tag-saturated-fats","tag-sugar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Denmark\u2019s fat tax fiasco | Institute of Economic Affairs - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Denmark\u2019s fat tax fiasco | Institute of Economic Affairs - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Christopher Snowdon reviews Denmark&#8217;s attempt to reduce obesity by taxing saturated fats: The economic and political failure of the fat tax provides important lessons for policy-makers who are considering \u2018health-related\u2019 taxes on fat, sugar, \u2018junk food\u2019 and fizzy drinks in the UK and elsewhere. As other studies have concluded, the effect of such policies on &hellip; Continue reading &quot;Denmark\u2019s fat tax fiasco | Institute of Economic Affairs&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-09T09:53:12+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Denmark\u2019s fat tax fiasco | Institute of Economic Affairs\",\"datePublished\":\"2013-07-09T09:53:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\"},\"wordCount\":124,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Denmark\",\"fat tax\",\"health-related taxes\",\"junk food\",\"saturated fats\",\"sugar\"],\"articleSection\":[\"Economy\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\",\"name\":\"Denmark\u2019s fat tax fiasco | Institute of Economic Affairs - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-07-09T09:53:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/denmarks-fat-tax-fiasco-institute-of-economic-affairs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Denmark\u2019s fat tax fiasco | Institute of Economic Affairs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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In a statement issued on the opening of the annual summit of the World Health Organisation (WHO), United Nations investigator, Belgian professor Olivier de Schutter calls for a global effort to tackle obesity: \"Unhealthy diets are now a greater threat to global health than\u2026","rel":"","context":"In &quot;Interests&quot;","block_context":{"text":"Interests","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/interests\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10064,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/22\/the-inequality-debate-thomas-piketty-and-ryan-bourne-iea\/","url_meta":{"origin":8056,"position":1},"title":"The inequality debate | Thomas Piketty and Ryan Bourne IEA","author":"ColinTwiggs","date":"June 22, 2014","format":false,"excerpt":"The inequality debate: Thomas Piketty and Ryan Bourne, of the Institute of Economic Affairs. http:\/\/vimeo.com\/98715433 One mistake Piketty makes: he uses a marginal tax rate of 80% in the US in the 1920s and 1930s on incomes over $1 million to justify higher taxes on incomes over $1 million today.\u2026","rel":"","context":"In &quot;Taxes &amp; Inequality&quot;","block_context":{"text":"Taxes &amp; Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10228,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/04\/one-size-fits-all-alcohol-policies-fail-to-help-problem-drinkers-iea\/","url_meta":{"origin":8056,"position":2},"title":"One-size-fits-all alcohol policies fail to help problem drinkers |IEA","author":"ColinTwiggs","date":"July 4, 2014","format":false,"excerpt":"From the Institute of Economic Affairs: The cornerstone policies of Britain\u2019s alcohol strategy are failing to reduce heavy drinking amongst the most vulnerable. New research from the Institute of Economic Affairs outlines the significant flaws of advertising bans, licensing restrictions and higher taxes, which not only fail to help problem\u2026","rel":"","context":"In &quot;Taxes &amp; Inequality&quot;","block_context":{"text":"Taxes &amp; Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5432,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/12\/raising-taxes-73-of-nothing-is-nothing\/","url_meta":{"origin":8056,"position":3},"title":"Raising taxes: 73% of nothing is nothing","author":"Colin Twiggs","date":"September 12, 2012","format":false,"excerpt":"President Francois Hollande recently increased the top income tax rate in France to 75 percent -- for incomes in excess of \u20ac1 million. This is part of a wider trend with President Obama targeting the wealthy in his election campaign, promising to raise taxes on incomes in excess of $1\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13158,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/04\/16\/land-tax-is-needed-but-wont-happen-macrobusiness\/","url_meta":{"origin":8056,"position":4},"title":"Land tax is needed but won\u2019t happen | Macrobusiness","author":"ColinTwiggs","date":"April 16, 2016","format":false,"excerpt":"By Leith van Onselen. Reproduced with kind permission from Macrobusiness. The Australian\u2019s Adam Creighton has written a ripper post explaining why, in the wake of tax avoidance scandals (e.g. multinational and the Panama Papers), a broad-based land tax is needed more than ever, but will never see the light of\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Taxes","src":"https:\/\/i0.wp.com\/www.sonofabroker.com\/wp-content\/uploads\/2014\/06\/taxes-300x181.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6842,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/02\/something-has-to-be-done-about-income-taxes\/","url_meta":{"origin":8056,"position":5},"title":"Something has to be done about income taxes","author":"Colin Twiggs","date":"March 2, 2013","format":false,"excerpt":"Years ago I worked in structured finance for an investment bank, creating tax-efficient structures for large corporations. That left me with the lasting impression that income taxes are inefficient \u2014 both in terms of equity and collection \u2014 and should be levied at low flat rates if they cannot be\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8056"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8056\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}