Passage Of Tax Bill Brings Lower Levies To Brewers, Distillers And Winemakers

Though economists agree the Republican tax plan set for the President's signature Wednesday functions as little more than a giant holiday present to the wealthiest American businesses and individuals, one provision included in the bill does promise to make even some of the nation’s most liberal artisans happy. That provision – which represents a breakthrough for alcohol producers both small and large – reduces the federal excise tax on alcohol manufacturers, who number among the most heavily taxed business people in the United States...