Proposal Looks To Raise Tax On Wine 12,675%
Proposal Looks To Raise Tax On Wine 12,675%
Apr 1, 2010 6
MONTEREY,CA - Local wine growers said a proposal in California to tax wine $5 a bottle will kill their business, and the California economy along with it.
The Alcohol-Related Harm and Damage Services Act of 2010 would increase the excise tax on a bottle of wine 12,675 percent. That means the current tax of 4 cents on a bottle would go up to $5.11.
Money from the tax would fund programs that address alcohol-related injuries and damages.
But growers like Jason Smith of Paraiso Vineyards in Soledad said the tax would shut down business.
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