Great Britain: The Lollipop Budget
Britons gobble more candy per capita (8 oz. weekly) than any other people in the world. As a result, they also have more toothaches than mostwhich has no apparent effect on candy consumption but causes a perpetual headache in the higher echelons of government, since the great majority of Britain's population gets its teeth fixed for nominal fees by the National Health Service. Though it collects taxes on every other luxury from dancing to death, the government has never levied a tax on sweets, as the British call their favorite vice.
Last week Chancellor of the Exchequer Selwyn Lloyd, a man never hitherto famed for political audacity, slapped a 15% tax on candy, ice cream and soda pop. Britons, shocked to their cavities by what many soon called "the Lollipop Budget," protested that it was a "tax on children," though craving for candy knows no age limits. The government will collect $140 million a year from the sweet-tooth tax which makes it a classic bit of budget balancing, since the government now pays exactly $140 million yearly to dentists to repair the damage.
Most Popular »
- The '00s: Goodbye (at Last) to the Decade From Hell
- The Growing Backlash Against Overparenting
- Obama's 'Mistakes': Way Too Early to Judge
- One Year After the Mumbai Massacre, a Trial Plods On
- Ahmadinejad in Brazil: Why Lula Defies the U.S.
- In His Cave, a Palestinian Farmer Makes a Stand
- Me and Orson Welles: Zac Efron Takes the Stage
- California Judge Challenging Obama on Gay Rights
- The Fall of Greg Craig, Obama's Top Lawyer
- Zhu Zhu Mania: Hamster Toys Are Ruling Christmas
- The Growing Backlash Against Overparenting
- The '00s: Goodbye (at Last) to the Decade From Hell
- Five Things the U.S. Can Learn from China
- Obama's 'Mistakes': Way Too Early to Judge
- Will Private Equity Be the Next Meltdown?
- Zhu Zhu Mania: Hamster Toys Are Ruling Christmas
- Think Big with an African Ocean Safari
- The Dark Side of Darwin's Legacy
- Ahmadinejad in Brazil: Why Lula Defies the U.S.
- California Judge Challenging Obama on Gay Rights







RSS