Thursday, June 30, 2011

FOURTH OF JULY WEEKEND - BEER, BBQ AND THE TAX ON BEER

The 4th of July is fast-approaching and soon, it will be time for sitting back with some beer and BBQ in the back yard. So, get ready to fire up the grill and pack plenty of ice on the brewskis!

You know the government will never pass up a chance to tax us. There is a so-called “sin tax” on beer. So when you stop and pick up the pack of beer you are paying a hidden alcohol tax and most likely sales tax.

I thought you might want to see what your state beer tax is. The link below will show you the excise tax rates of beer sales for off-premises consumption, as of January 1, 2011.

http://www.taxfoundation.org/blog/show/27160.html