Lawmakers Push To Slash Beer Excise Taxes

Law360, New York (January 6, 2014, 1:45 PM EST) -- Sen. Jon Tester, D-Montana, joined a growing chorus of lawmakers Friday in a bid to slash the national beer excise tax, a move that would reportedly increase beer demand and cause barley and hops sales to skyrocket.

The Brewers Excise and Economic Relief Act, or BEER Act, as proposed by senators from Missouri, Utah and other states, would cut the beer excise tax in half, from $18 per barrel to $9 per barrel, saving $1.68 billion in taxes per year, according to the National Center for...
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