BI: Bill Not Equalization

Dear Client:The BI bristled at readers' suggestions that the break boozemakers get in CMBTRA could be a step toward equivalency:"The notion that this bill advances equalization is patently false," said BI's Denise Dunckel. "The tax code continues to recognize that hard liquor is a fundamentally different product than beer due to its high concentration of alcohol. The tax on beer continues to be levied based on total liquid volume regardless of ABV or brewery size, while the tax on hard