South Korea's sugar tax debate pits health gains against economic fears
A proposed sugar levy has reignited debate in South Korea after President Lee Jae Myung raised the issue. The tax, similar to a general hospital surcharge, would target high-sugar products to cut consumption and improve public health. Supporters claim it could lower medical costs and prevent long-term illnesses like dementia.
The levy is designed as a health surcharge rather than a revenue-raising measure. If sugar levels in products drop, companies could avoid the tax, keeping prices stable for consumers. The World Health Organization has previously recommended similar policies to governments worldwide.
An earlier survey found that 80.1% of respondents backed charges on firms using excessive added sugars. Critics, however, argue the levy would place extra pressure on both shoppers and businesses. Some revenue from the tax could fund upgrades to regional university hospitals, bringing them closer to the standards of Seoul National University Hospital.
Proponents say the policy could reduce chronic diseases and ease healthcare spending. They also highlight potential mental health benefits and a lower risk of dementia from cutting sugar intake.
The debate continues as lawmakers weigh the levy's health advantages against economic concerns. If implemented, the tax could push companies to reformulate products while directing funds to hospital improvements. No recent surveys in South Korea have measured current public support for the proposal.
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