Alcohol Excise Taxes: Overview & Economic Analysis (Drug Transit and Distribution, Interception and Control) - Softcover

Theodore Prescott

Softcover

ISBN 10: 1634820517 ISBN 13: 9781634820516

Publisher: Nova Science Publishers, Inc, 2015

Synopsis

The federal excise tax on alcoholic beverages is imposed at the manufacturer and importer level, based on the per unit production or importation of alcoholic beverages (eg: distilled spirits, wine, and beer) for sale in the U.S. market. Today, three main approaches drive interest in alcohol taxes: tax rates could be decreased to benefit firms in the industry; excise tax rates could be increased for deficit reduction; or excise tax rates could be increased to discourage the negative spillover effects of alcohol consumption. This book provides a brief historical overview of alcohol excise tax policy and a description of current law; analyzes alcohol excise tax rates based on some of the standard criteria for tax evaluation; and discusses bills introduced in the 113th Congress that would reduce current excise tax rates as well as possible approaches to raising alcohol excise tax rates.

Edition details

• Publisher: Nova Science Publishers, Inc
• Publication date: 2015
• Language: English
• ISBN 10: 1634820517
• ISBN 13: 9781634820516
• Binding: Paperback
• Number of pages: 73