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Beating Butter: Denmark Imposes the World's First Fat Tax - Yahoo! News
Beating Butter: Denmark Imposes the World's First Fat Tax - Yahoo! News
On Oct. 1, consumers in Denmark saw a sudden jump in the cost of many of their favorite bread-friendly products. The average price of a half-pound package of butter increased by 2.5 krone (or 45 U.S. cents). A pound of cheese rose from 34.5 krone ($6) to 36 krone ($6.50). And don't even think about lard. In a single day, the cost of a half-pound block of pork fat skyrocketed from 12 krone ($2.15) to 16 krone ($2.85) — a 35% increase. Thanks to a new fat tax, Danes are paying more for just about anything they might want to slather on a piece of bread.
The tax, the first of its kind in the world, imposes a 16 krone (roughly $3) hike per kilo of saturated fat on any food that contains more than 2.3%. Given current Danish consumption — they eat a lot of butter and sausage in Denmark — that should amount to somewhere around 82 million kilos (180 million lbs) of fat subject to the tax.
The tax, the first of its kind in the world, imposes a 16 krone (roughly $3) hike per kilo of saturated fat on any food that contains more than 2.3%. Given current Danish consumption — they eat a lot of butter and sausage in Denmark — that should amount to somewhere around 82 million kilos (180 million lbs) of fat subject to the tax.
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