How Trump’s tax reform push could make American liquor great again - News Summed Up

How Trump’s tax reform push could make American liquor great again


An excise tax cut could help craft distillers such as Michael Lowe, co-owner of New Columbia Distillers in Washington. And although they face challenges such as macro-breweries acquiring some of them, these craft breweries are by and large thriving. Nevertheless, the results of his signature on such a tax cut could be as invigorating for craft spirits as Ford’s was for craft beer. There are well over 1,300 U.S. craft distillers, according to the American Craft Spirits Association, the four-year-old trade group leading the tax-cut charge. Should craft distillers succeed, though, look for plenty more tasty artisanal tipples at your favorite local place — right behind all those colorful craft beer taps.


Source: Washington Post May 31, 2017 10:07 UTC



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