|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
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
Dec. 9, 2016 06:45 PM EST Reads: 5,130
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 9, 2016 06:15 PM EST Reads: 1,759
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 9, 2016 05:30 PM EST Reads: 2,362
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Dec. 9, 2016 05:30 PM EST Reads: 438
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 9, 2016 05:15 PM EST Reads: 1,883
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Dec. 9, 2016 05:15 PM EST Reads: 1,459
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Dec. 9, 2016 05:15 PM EST Reads: 376
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 9, 2016 05:00 PM EST Reads: 2,057
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 9, 2016 04:45 PM EST Reads: 1,861
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 9, 2016 04:45 PM EST Reads: 1,290
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Dec. 9, 2016 03:45 PM EST Reads: 586
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:30 PM EST Reads: 1,232
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:15 PM EST Reads: 863
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 9, 2016 03:15 PM EST Reads: 979
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
Dec. 9, 2016 03:00 PM EST Reads: 386