State should instead follow federal tiered approach

As part of his recently announced revenue enhancement proposals to offset the repeal of the state’s personal income tax, West Virginia Governor Jim Justice proposed a beer tax hike of 431% designed to produce $26 million in increased revenues. This move could be a devastating blow to the state’s nascent small brewing industry. If beer tax increases are inevitable, Brilliant Stream strongly advocates that the state follow the tiered-rate, federal beer excise tax model instead of the flat across-the-board increase proposed by the governor.

Want to read more? Please click… HERE!!!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.