Senator Ron Wyden (D-OR) has introduced S. 1562, “The Craft Beverage Reform and Modernization Act of 2015.” This bill would amend the current federal excise tax structure for all beverage alcohol. Senator Wyden has been consulting with the various alcohol commodity groups, including WineAmerica over the last few weeks. This proposal consolidates many of the [...]
The Senate Finance Committee passed a bill that would change how breweries, wineries and distilleries pay their federal excise taxes. The proposal would allow any distillery, winery, or brewery who expects to be liable for not more than $50,000 per year in alcohol excise taxes (and who was liable for not more than $50,000 in [...]
As talk in Washington turns to revenue, we continue to monitor any potential excise tax increases. WineAmerica strongly opposes increases. We see them as bad policy, potentially hobbling a dynamic industry, and not cost- effective, there is simply not enough money to make them worth the effort.