Philadelphia soda tax goes into effect with the New Year

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Philadelphia (KYW / CBS Newspath) - Philadelphia is the first major U.S. city to pass the controversial sugary drink tax, which went into effect January 1st.

That means visitors and residents of the city see an additional tax of 1.5 cents per ounce on most drinks with sugar or an artificial sweetener -- such as Coca-Cola, Gatorade, and Iced Tea.

The tax is expected to bring in more than 90 million dollars in revenue to help fund universal Pre-K programs and other city improvements.

Before the tax, an eight pack of Gatorade with 160 ounces cost $5.99 ; The *new* price is $8.39! And a gallon of ice tea which was $2.89 has almost doubled to $4.81.

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