Welcome!

News Feed Item

$182 Billion Alcohol Tax Proposed for Budget Talks

"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.

(Photo: http://photos.prnewswire.com/prnh/20121129/DC21317)

(Logo: http://photos.prnewswire.com/prnh/20110727/DC41105LOGO)

"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.

Contact:
Michael Scippa (415) 548-0492
Jorge Castillo (213) 840-3336

SOURCE Alcohol Justice

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...