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New Tax Could Raise The Price Of Nutella!

| Filed under: Business BlitzFoodHealth

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Wait just a minute!

Don't sprint out to the store to stock up on Nutella while it's still cheap.

You really only have to worry if you live in France.

France's National Assembly is voting on a big new tax on palm oil!

Nutella is 20% palm oil, and with the new tax being a whopping 300% increase, Nutella might start getting pretty expensive.

The ridiculous tax increase is meant to help cut down consumption.

Palm oil is not only really really high in saturated fats, but it's also produced in conflict with environmental laws, mainly deforestation ones.

The makers of Nutella are sticking to their guns and refuse to change their recipe regardless of whether the tax plan is approved or not.

Our hearts go out to all the French Nutella fans!

[Image via A. Kniesel/Wikimedia Commons.]

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