The Tax Foundation, a Washington think tank dedicated to al things taxable, had last week for their weekly Monday Maps on the Tax Foundation’s blog an infographic on State Beer Excise Tax Rates as of September 1, 2011. Alaska has the highest tax rate and Wyoming the lowest. And, of course, the chart doesn’t include [...]
I was watching a documentary today about the Library of Congress and they talked about how the library is digitizing their collection, so I took a look at the website and discovered this little gem from 1937. Post-prohibition, apparently our government experimented with different methods for ensuring that breweries paid the correct amount of taxes. [...]
I think I’ve mentioned before that my wife is a political news junkie. She just sent me this link from one of the most popular political websites, Politico, entitled Craft beer bridges partisan divide in Senate. It’s nice to see beer getting some mainstream attention. The Politico article is all about the introduction Wednesday of [...]
The California Board of Equalization — our taxing agency — yesterday sent out a press release with the results of a study they did on drinking trends in the state based on the collection of excise taxes. The release, Under the Influence of Recession: BOE Answers the Question, “Do People Drink More During an Economic [...]
Earlier this month, the Brewers of Europe — a trade organization of European breweries — released the results of an independent study they commissioned by PriceWaterhouseCoopers. They asked PWC to “quantify the impact of excise taxes on the overall tax collection, and employment and profitability in the brewing sector compared to other alcoholic beverages.” In [...]
After San Francisco Supervisor John Avalos asked for a week’s postponement, his attempt to override Mayor Gavin Newsom’s veto of the proposed ordinance imposing an alcohol tax in the city failed today. The Chronicle is reporting that, as many expected, Avalos was unable to find the vote he needed to override Newsom’s veto two weeks [...]
The Turbo Tax Blog last month had an interesting post looking at the question of How Much Money Does The Government Make From Alcohol? It’s an overview, of course, and doesn’t include some of the dirty details that make alcohol the most taxed consumer good out there (though tobacco is pretty high, too), but there [...]
If you read my rebuttal to San Francisco Chronicle columnist C.W. Nevius support of the proposed fee on alcohol in the city, then perhaps you recall that he interviewed the California Alliance of Hospitality Workers so he could appear to show both sides of the argument. It was not really in any way balanced, and [...]
