US: Sugar tax plans "keep me up at night" - PepsiCo beverages boss
date:Jun 25, 2012
otal portfolio over the next five years, said Carey, in a presentation to the Deutsche Bank Global Consumer Conference 2012 in Paris on Wednesday (20 June).


He added: We will price to offset those (places) where it happens and I am concerned about it.


Carey said the taxes, such as one proposed in Richmond, California, are more about reducing government deficits than obesity.


It seems like an easy way to pick up some money, he said. Some of the taxes that have been imposed are not dramatic,
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