Congress (Probably) Will Pass First Beer Excise Tax Revision in 26 Years
It's been a long time coming, folks. Starting as somewhat of a pipe dream by the Brewers Association years ago, the reality of the first reduction in federal beer excise taxes since Henry King and Bill Coors conspired to set up a small brewer tax break is about to become a reality. For over 20 years, the BA, BI and NBWA have been working to reduce the 1991 doubling of the FET on beer. And, brewers of all sizes, including importers, are going to enjoy a two-year excise tax reduction as well.