Monday, June 21, 2010

What is candy? What is food?

Only the taxman knoweth:

In Washington, a new candy tax will apply to Butterfinger candy bars, yet Kit-Kat wafers remain excise free (this because the law exempts foods with flour in them). There is also confusion in Colorado, where Kit-Kats are also untaxed, but Twix bars face levies. And after Illinois passed a candy tax last year, retailers in Chicago were unsure if Twix Bars — some of which contain flour and peanut butter — were food or candy.

More than a dozen states have passed or proposed some sort of candy or soda tax in the 2010 legislative session, and most of them are bound to face some sort of confusion.
Hat tip: The .Plan

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