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Coca-Cola Taxes (sh.itjust.works)

submitted 3 months ago* (last edited 3 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] 58 points 3 months ago (2 children)

Did you know it doesn’t even have cocaine in it anymore? What a ripoff!

[–] [email protected] 27 points 3 months ago* (last edited 3 months ago) (2 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.

[–] [email protected] 12 points 3 months ago

Branding is one helluva drug

[–] [email protected] 11 points 3 months ago (1 children)

Sounds like an excuse to extract cocaine to me

[–] [email protected] 8 points 3 months ago

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

[–] [email protected] 1 points 3 months ago (1 children)

When did they quit putting cocaine it? If I'd known that then I wouldn't have been buying it anymore!

[–] [email protected] 1 points 3 months ago

Around 120 years ago, give or take