Legislators Float Bill To Cut Small Brewer Taxes

By Ama Sarfo (January 9, 2015, 2:13 PM EST) -- U.S. Rep. Erik Paulsen, R-Minn., introduced legislation Thursday to slash excise taxes on beer sold by small brewers, marking the latest legislative effort to cut taxes in the new Congress.

The Small Brewer Reinvestment and Expanding Workforce Act, which Paulsen floated with U.S. Rep. Richard Neal, D-Mass., would reduce excise taxes on the first 2 million barrels of beer that small brewers sell annually in a bid to protect the growing industry, which the lawmakers say is a testament to this country's small business tradition.

"The rise in the popularity of craft brewing is a quintessential American success story," Paulsen said...

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