» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 21 | Thursday, January 31, 2013

Brewers Call for Freezing Tennessee Beer Taxes

ERIK SCHELZIG | Associated Press

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 280 9,849
MORTGAGES 105 287 11,601
FORECLOSURE NOTICES 11 39 1,673
BUILDING PERMITS 247 575 20,885
BANKRUPTCIES 44 163 6,600
BUSINESS LICENSES 38 90 3,529
UTILITY CONNECTIONS 30 109 4,092
MARRIAGE LICENSES 16 79 2,258

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.