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CPSC Offers Bad Tidings of Holiday Season Regulations

Federal consumer safety regulators may make the holiday season less festive for homeowners this year, as a wave of new product safety rules take effect. Taking effect in December, rules issued by the Consumer Product Safety Commission (CPSC) will ban the sale of some types of decorative holiday lights, in hopes of reducing holidays lights' lethality. The new regulations, proposed in October, aim to classify “seasonal and decorative lighting products” with wire gauges smaller than 0.8...

San Francisco Voters Sour on Soft Drinks Sin Tax

In November, voters in San Francisco rejected a proposal to add taxes on sugary beverages sold within the city—a “sin tax” with the stated goal of reducing consumption of such products by collecting revenue from people’s consumption of soda and other beverages. If enacted, the tax would have imposed a $0.24 excise tax on soft drinks, increasing government revenue by an estimated $31 million per year. Public Health Nudges Sin taxes levied on soft drinks, according to Jacob Sullum, award-winning...

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