ATJ Asian Tax Journal

Asian Tax Journal

Print ISSN 1738-3323 Online ISSN 2733-9270

Fat Tax and its Implication to Korea

  • Park, sungjin Woongji Tax College
  • SunEunJung Sungkyunkwan University

Asian Tax Journal Vol. 12 No. 4 (2011), pp. 69-101

Abstract

Obesity has become a major public health concern for many country, given its association with chronic conditions that include diabetes, hypertension, high cholesterol, stroke, heart disease,certain cancers, and arthritis. Obesity rates has been a steady increasing and for most all age and gender groups exceed 30 percent. Many study explain the correlation between fast－food/soda consumption and obesity rates(Baric et al., 2001；Paeratakul et.al, 2003；Chanmugam et al., 2003；Cavadini et al., 2000；Baric et al.,2001；Paeratakul et.al., 2003). So, many countries are performed a variety of policies to suppress in the consumption of fast food and soda drinks. The study draws on examples of fat tax from the developed world imposed at national and local levels and take a look at fat tax debate,implications to korea. This study result as following. Fat tax, similar to Gasoline tax, such as individual tax must be need to a national consensus with the introduction of fat tax and an analysis of the effects of the country which is introduced fat tax. In order to suppress consumption of fast food, soda drinks (cause of obesity) lump－sum tax will be effective. Also, according to increasing the tax burden as introduced fat tax, fat tax rate and use of fat tax revenue are needed to social consensus. Before the imposing of fat tax, social consensus will be formed, in order to reduce the possible of tax burden and fat tax rules should be provided.

Keywords

  • Fat tax
  • fast－food
  • soda drink

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