Friday, May 10, 2013

The Daily Stat: How America's "Craft" Beer Boom Started with a Tax Cut

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MAY 10, 2013
How America's "Craft" Beer Boom Started with a Tax Cut
A $2-per-barrel reduction in the federal excise tax on beer, from $9 to $7, set off the revolution in American "craft" beer that began in 1976 and led to a surge in the number of U.S. breweries from a few dozen to more than 2,300 today, Tom Acitelli writes in the Wall Street Journal. The tax cut, pushed by a coalition of brewers and labor unions, was enacted just as popularity was soaring for hobbyists' home-brewing clubs, which produced such stars of American beer as Ken Grossman of Sierra Nevada and Sam Calagione of Dogfish Head.
Source: Lower Taxes Tapped a Beer Revolution
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