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Netherlands: Sugar tax can replenish the government’s treasury by 1 billion euros

Published May 23, 2024

Tridge summary

A study by Ecorys, a European consulting firm, recommends a sugar tax on foods with over six percent sugar content in the Netherlands. The tax is expected to reduce diabetes risk, increase life expectancy, and save healthcare costs. However, it could also increase the cost of caring for the elderly due to longer life spans. The tax could generate around a billion euros for the government, but must be implemented carefully to avoid lawsuits. The tax rate will be graduated, depending on the amount by which the sugar content exceeds six percent. The final decision will be made when the new Cabinet of Ministers is formed.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A tax on candy and other products containing excessive amounts of sugar would be “very effective” and could be quite profitable. This conclusion was reached by Ecorys, a leading European consulting company that conducted a study on behalf of the Dutch ministries of finance and health, the NL Times online publication reports. A tax on foods with a sugar content of more than six percent could theoretically reduce the risk of developing diabetes and significantly increase life expectancy, experts concluded. In addition, hundreds of millions of euros will be saved on health care costs associated with sugar consumption. At the same time, the introduction of the tax will also mean that people will live longer on average, which will lead to an increase in the cost of caring for elderly citizens. On the other hand, healthier lifestyles could increase labor productivity by reducing the number of applications for medical disability. The researchers emphasized that the tax would bring about ...
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