|By PR Newswire||
|November 29, 2012 03:16 PM EST||
"We'll Fall off the Fiscal Cliff Without a Beer Barrel Tax Increase," says Alcohol Justice CEO
SAN FRANCISCO, Nov. 29, 2012 /PRNewswire-USNewswire/ -- Alcohol Justice presented President Barack Obama, Treasury Secretary Timothy Geithner and key Congressional budget leaders with a plan today to raise up to $182.5 billion in new revenue over the next 10 years. The proposal's key element – a substantial alcohol tax for beer, wine and spirits – has the potential to fill 11.8% of the $1.55 trillion new revenue portion of the President's stated $4 trillion deficit reduction goal.
"Alcohol taxes should at least reimburse the federal government for the cost of alcohol-related health and public safety services," stated Bruce Lee Livingston, Executive Director/CEO of Alcohol Justice in his letter to the nation's budget leaders.
Alcohol Justice released a detailed economic analysis of four scenarios for alcohol tax increases, starting from $11.9 billion new revenues over ten years by simply adjusting alcohol taxes for inflation. At the high end, Alcohol Justice recommends increasing taxes a dime per drink on spirits, 15 cents for beer, and 18 cents for wine, totaling $182.5 billion when indexed for inflation. Since 1991 the federal government has lost $57 billion in revenues for failing to index alcohol taxes to inflation. The proposal also promotes taxing beer and wine like spirits, based on ethyl alcohol proof volume, a public health improvement that links taxes to harm.
"We'll fall off the fiscal cliff without a beer barrel tax increase," Livingston added. "We believe the $182.5 billion in new revenue is a fair contribution to deficit reduction that will help us avoid more onerous taxes or spending cutbacks. We would bet President Obama and Congressional leaders a case of non-alcoholic cider that any poll will show raising beer taxes more favorable than eliminating the mortgage deduction or gutting Medicare."
A peer-reviewed study of alcohol harm estimated that alcohol consumption annually costs American society $223.5 billion (2006 estimate), of which government's cost is $94.2 billion. The article, published in the American Journal of Preventive Medicine in 2011, shows alcohol is unlike other commodities because it causes harm to the general public and costs to government through its consumption.
Along with helping to avoid more draconian budget cuts, Alcohol Justice is dedicated to reversing the catastrophe of alcohol-related harm by reducing excessive consumption and providing needed funds to mitigate harms. "While the total harmful cost of alcohol to the country is equal to $1.90 per drink, and the government's share is 80 cents, current federal and state alcohol taxes are less than 8 cents per drink," said Livingston. "Clearly, DISCUS and the Beer Institute have been very effective in minimizing their taxes and fees and avoiding their fair share."
"The U.S. beer tax is 1/6 the rate of the United Kingdom beer tax," wrote Livingston. "This makes beer the booze of choice for price-sensitive U.S. youth. With a higher proof tax rate youth consumption will be reduced and thousands of underage lives will be saved annually."
For additional information please visit AlcoholJustice.org. To send a letter of support for an alcohol excise tax increase to the President and Congressional leaders go to: The Alcohol Justice Grassroots Action Center. Alcohol Justice is a 25 year-old alcohol industry watchdog based in the San Francisco Bay Area of California.
Michael Scippa (415) 548-0492
Jorge Castillo (213) 840-3336
SOURCE Alcohol Justice
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
May. 28, 2016 11:00 PM EDT Reads: 2,364
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
May. 28, 2016 10:00 PM EDT Reads: 2,580
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
May. 28, 2016 10:00 PM EDT Reads: 2,560
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 28, 2016 07:00 PM EDT Reads: 1,254
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 28, 2016 07:00 PM EDT Reads: 1,955
SYS-CON Events announced today BZ Media LLC has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and Commercial Drone markets.
May. 28, 2016 07:00 PM EDT Reads: 3,601
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
May. 28, 2016 06:45 PM EDT Reads: 2,872
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
May. 28, 2016 06:45 PM EDT Reads: 2,009
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 28, 2016 04:30 PM EDT Reads: 918
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
May. 28, 2016 04:00 PM EDT Reads: 1,682
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
May. 28, 2016 03:45 PM EDT Reads: 2,542
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
May. 28, 2016 03:30 PM EDT Reads: 2,028
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 28, 2016 02:00 PM EDT Reads: 1,373
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
May. 28, 2016 02:00 PM EDT Reads: 657
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 28, 2016 02:00 PM EDT Reads: 2,928