The soda industry just poured another $2 million into the campaign to defeat Proposition V, San Francisco’s proposed cent-per-ounce tax on sugary beverages, bringing its record-breaking expenditures to $21.3 million. This is the most ever spent in San Francisco on a ballot measure.
Since we first reported last Friday that the American Beverage Association California PAC – which gets donations from The Coca-Cola Company, Dr. Pepper Snapple Group/Motts LLP, PepsiCo, Inc., and their ilk – nearly doubled its contributions to the measure, the non-profit PAC has thrown in another $2.4 million on top of its previous $18.9 million, already the most on record in city history.
Big Soda Contribution 10-26-16 by MissionLocal on Scribd