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Coca-Cola Taxes (sh.itjust.works)

submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]

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https://mastodon.social/@MEActNOW/112956139620337300

News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[–] [email protected] 27 points 4 months ago* (last edited 4 months ago) (3 children)

Coca Cola ensured that international drug laws grant them an exception to use real coca leaves (with the cocaine extracted from them first). Oddly enough, they could still make their cola taste the same without the leaves. The reason they still use them is because they likely wouldn't be allowed to call it "coca" cola if it had no coca leaves. The name was so recognizable that they asked for an exception to drug laws rather than change the name of their drink.

[–] edgemaster72 12 points 4 months ago

Branding is one helluva drug

[–] [email protected] 12 points 4 months ago* (last edited 4 months ago)

The other reason is they make a good profit selling medicinal cocaine.

[–] gibmiser 11 points 4 months ago (1 children)

Sounds like an excuse to extract cocaine to me

[–] [email protected] 8 points 4 months ago

Eh, works for me. BRB, making a new product called coca tea, for the... uh... tea.