BUBBLING BEER
09/06/2024 |
The Friday File: While the federal government collects excise tax on fermented malt beverages at rates ranging from $0.11/gallon to $0.58/gallon, based on production, location, and quantity, state excise taxes show bigger variation. Rates are lowest in Wyoming at $0.02/gallon. Missouri and Wisconsin follow at $0.06/gallon. At the other end, Tennessee is tops at $1.29/gallon, followed by Kentucky and Hawaii at $0.93/gallon. Virginia is the median state at $0.26/gallon. Cheers!