Senate committee proposes higher excise taxes on alcohol; one of several ideas on table
Mitch Frank
June 9,2009
President Barack Obama is mounting a full-court press on Congress to pass comprehensive health-care reform this year, which means he's got a lot of negotiating to do with Democrats and Republicans on Capitol Hill. And one of the biggest unanswered questions about reform is how the government will pay for the program, estimated to cost $1.2 trillion over the next decade.
Wine, beer and spirits producers are nervous over the proposal. In May the Senate Finance Committee issued a report on various proposals to pay for reform. One idea was titled "lifestyle tax proposals." It proposed raising federal excise taxes on alcohol, as well as introducing a tax on sodas and other sweetened drinks. The report suggests the tax increases would "promote wellness and healthy choices, and curb activities that increase overall health care costs." . . . . . .
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