Denmark kicks off world's first fat tax

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Copenhagen, Oct 2: Tax on fatty foods? yes you read it right. The Denmark government concerned about its subjects' health had implemented what is believed to be the world's first fat tax.

The law will impose a surcharge on foods, that are high in saturated fat. In other words, Butter, milk, cheese, pizza, meat, oil, are now eligible to tax if they contain more than 2.3 percent saturated fat. The Denmark government's new tax norm will add 16 kroner ($2.87, 2.15 euros) per kilo (2.2 pounds) of saturated fats in a product.

While government hope this move will restrict the people from consuming of fatty foods, producers call the tax a 'bureaucratic nightmare'. Meanwhile, few consumers started hoardings to avoid the immediate effect. However, others suggest that Danish population shall shop in foreign to beat the price rise.

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