The BEER Act would reduce from $7 to $3.50 the tax paid per barrel on the first 60,000 barrels produced by small brewers. This is estimated to generate $19.9 million in capital for small beer producers, an enormous resource to promote job growth in the craft brewing industry.
...Now, you don’t have to be a craft brew fan (like me) and you don’t have live in a state that produces many of these craft brews (like me) to get behind something as common sense as this. Unless, of course, all you drink is Bud Light™, which just means you’re a loser with no taste.
via goingconcern.com
Well, then, I'm glad I drink Miller Lite.
Question for micro students:
If the beer tax on craft beers is reduced from $7.00 to $3.50 per barrel, how much would you expect the price of beer paid by consumers to decrease?
Discuss.
