Foundations of tax policy: Current health related food tax is a product of both medical science (Allopathy/western medicine) and economics. With obesity and other non-communicable diseases being one of the biggest market failure, there is an urgent need to look at healthy people like yoga (Indian medicine) practitioners for lessons in management of food consumption and for taxation.
The Governments around the world have proposed to tax various food products to stop obesity, diabetes and other non-communicable diseases (NCDs), and they include soda tax, candy tax, sugar tax, high salt and high sugar tax, junk food tax, pastry tax, etc. Even after taxing food products there is still discussion on food supplied in large quantities, and on promotions to children in the form of gifts and toys. There is a need for comprehensive global framework for health related food taxation and it is addressed by the attached work.
Г-н Raghavendra Guru Srinivasan