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Contents contributed and discussions participated by linnet van Veen

linnet van Veen

Tax on Alcohol in New York - 1 views

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    The government wants to increase the taxing on alcohol in New York to make New Yorker's drink less and get them healthier. The Government's Health Department is agreeing that with the new tax increase on alcohol is would help New Yorker's get healthier by increasing taxes for example beer would be taxed 17 cents more and a bottle of hard liquor to 50 cents. New Yorkers original 7.4 cents of taxes on a bottle of beer, 36.9 cents on a bottle of wine and $3.61 on a standard 750-ml bottle of hard liquor.New York has counted 1,700 alcohol-related deaths in 2008 and the Health Department wants to reduce high drinking deaths by 16% and hospitalized alcohol accidents by 19% by the year 2012.
linnet van Veen

Coffee Demand Goes Stale: Anticipated Record Crop From Brazil and Faltering Consumption... - 0 views

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    This articles talks about the decrease in demand in the coffee production. A decrease in the price of a cup of Joe, shipping coffee took a hard hit with prices to move a crate of coffee has increased to 6.8% more. The global economy has dropped due to the worsening debt crisis in Europe, where thirteen countries are slowly collapsing. European countries are unable to afford coffee, which is why British drinkers had to cut back in the coffee consumption by 6.7% in 2011, while the demand fell in 2.6% in Spain and 1.6% in Italy. Brazilian coffee production have expanded field for production and increased the use of fertilizers in response to last year's high prices. The Brazilian farmers are holding off from selling the product due to that they are waiting for the prices to recover so that sell larger quantity of coffee.
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    The demand of coffee is decreasing due to that the import prices have increase to 6.8%. The coffee market has decreased because the prices of the good have increased. The overall demand for coffee has decreased because producers now face higher cost of production. Since the expense of coffee has increase consumer incentives decrease. Since the demand of coffee has decreased other markets like tea, energy drinks have increased because demand for substitute goods increased. Producers want to minimize production cost while maximizing profit.
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