Written by Jason Morgan for craftbrewingbusiness.com
“Nothing is certain but death and taxes,” as the old saying goes. But for small craft brewers trying to make it in a growing, competitive niche industry, new taxes could mean certain business death. Just ask Linus Hall, who opened Yazoo Brewing in 2003 to booming sales and national acclaim. Though his business continues to grow, Tennessee’s excessive tax policy is choking down the company’s business opportunities, including employment growth.
“I want to hire more people and invest more money in my business, but because of the tax, it makes it more difficult to do so.” — Linus Hall, owner of Yazoo Brewing.
“I want to hire more people and invest more money in my business, but because of the tax, it makes it more difficult to do so,” Hall said. “We’re growing, but just not as fast as we could have to keep up with consumer demand. The margins are just too small because of the 17 percent tax.”
Continue reading “Curing the Beer Tax That Ales Tennessee”