LOS ANGELES/NEW YORK (Reuters) – Two small California cities are the latest battlegrounds in the $111 billion U.S. soda industry's fight to defend a near-perfect record of defeating proposed taxes on sugary drinks. In November, voters in cash-strapped Richmond and El Monte will decide whether to pass penny-per-ounce taxes on sugar-sweetened drinks to bolster municipal coffers and fight obesity. Approval could open the floodgates to similar taxes around the country

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