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VOL. 128 | NO. 21 | Thursday, January 31, 2013

Brewers Call for Freezing Tennessee Beer Taxes

ERIK SCHELZIG | Associated Press

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NASHVILLE (AP) – The brewing industry wants Tennessee lawmakers to declare last call on the state's ballooning beer taxes.

Under a proposal unveiled Wednesday, the state wouldn't lose its ranking as the highest-taxed beer in the country, but it would halt future increases tied to rising costs and inflation.

Beer in Tennessee is currently subject to three taxes. Brewers pay federal and state taxes per barrel, and then a 17 percent tax is charged to wholesalers based on price. Consumers pay sales taxes on top of the previous charges.

The measure would convert the local tax to be based on volume. The proposal would mean no loss in revenues for city and county governments in the first year but would halt the steady growth in beer tax collections in future years.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 90 9,968
MORTGAGES 90 90 12,965
FORECLOSURE NOTICES 35 35 2,573
BUILDING PERMITS 154 154 23,678
BANKRUPTCIES 70 70 9,603
BUSINESS LICENSES 9 9 3,612
UTILITY CONNECTIONS 161 161 14,124
MARRIAGE LICENSES 24 24 3,087

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