Distillers head to Congress to push for excise tax reform

While most policy issues affecting the alcohol industry take place at the state level, the federal government still plays a role through excise taxes on booze. The spirits industry is attempting to reform and lower those taxes as part of Congress' larger tax reform efforts this year. Tara Nurin writes about this push in Forbes:

"On a humid July Tuesday, nearly 50 American craft distillers traipsed around Capitol Hill, meeting with more than two dozen congressional staffers for a chat about the industry...

Threatening that a failure to reduce federal excise taxes (FETs) on spirits for the first time since the Civil War could destroy the burgeoning craft distilling industry in America, these craftspeople have come together every summer to lobby their Congressional legislators for updates to the tax code ...

The goal of ACSA’s so-called fly-in, along with a similar annual effort in June by the Distilled Spirits Council (the council), is to convince members of Congress to pass the Craft Beverage Modernization and Tax Reform Act (S-236, HR-747), a popular bipartisan bill that would dramatically boost the profit margins of all sectors of the burgeoning craft alcoholic beverage industry by drastically slashing the taxes they pay per unit of sale. Despite co-sponsorship from at least 46 senators from 33 states and 251 representatives from 45 states, plus the active support of more than 15 organizations that represent everything from wine- and beermakers to corn growers to glass packaging manufacturers, the bill stalled in the House last session. This year, lawmakers believe they might be able to get it done..."

Read the whole article here