Proposed Sacks Tax Sucked

Mayor Bloomberg was looking to collect nickels for New York City. Each time a buyer was given a plastic bag for their purchases, they’d be sacked with the 5-cent surcharge. This proposal was to help raise needed funds and cut recycling costs. The mayor promoted the ecological advantages over the new tax. City coin collectors estimated they’d raise $16 million in the process. So who was left holding the bag on this idea?

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