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California plans 1,550% tax hike on some wines
Orange County Register ^
| 2-28-11
| Jan Norman
Posted on 02/28/2011 6:38:18 AM PST by freedombiz
The Board of Equalization has proposed taxing certain wines as distilled spirits, which would increase the excise tax on the wine from 20 cents a gallon to$3.30 a gallon, a 1,550% jump. The higher tax is on wines to which distilled alcohol has been added, such as wine specialties, flavored table wine, wine cocktails, wine coolers or blends of wine from different fruits. It is set to go into effect Jan. 1, 2012. The issue exemplifies the slippery slope that government starts down with a well-intentioned tax increase with unexpected consequences.
(Excerpt) Read more at jan.ocregister.com ...
TOPICS: Business/Economy
KEYWORDS: california; oenology; tax; wine; winemaking
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To: freedombiz
Unbelievable! I bet they’ve already calculated their newfound earnings with no regard for how far sales will plummet. Nice going, Comrades.
21
posted on
02/28/2011 7:24:32 AM PST
by
Mich Patriot
(...politics is the second oldest profession...it bears a striking resemblance to the first." RReagan)
To: freedombiz
Sorry, but it is time for a revolt...
22
posted on
02/28/2011 7:27:46 AM PST
by
fabian
(" And a new day will dawn for those who stand long, and the forests will echo in laughter")
To: bill1952
"WTH is “The Board of Equalization?” Someting like the gestapo.
Was previously run by a Carol Migden
23
posted on
02/28/2011 7:31:23 AM PST
by
spokeshave
(WTF....the only thing 0bambi's investments will get us is a bullet train to bankruptcy.)
To: DCBryan1
California has a team of tax collectors that do travel to other states to do just that.
To: freedombiz
Old winos and yuppies hurt the most.
25
posted on
02/28/2011 7:39:55 AM PST
by
bgill
(Kenyan Parliament - how could a man born in Kenya who is not even a native American become the POTUS)
To: freedombiz
I thought Californians were so happy living there that they should be fine with this.
26
posted on
02/28/2011 7:42:48 AM PST
by
Vision
("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
To: freedombiz
I am laughing out loud! If they keep this up, Texas wineries will definitely leap forward on the horizon.
27
posted on
02/28/2011 7:50:18 AM PST
by
Dudoight
To: Lazlo in PA
Now there is one premium domestic wine that does not have any grapes in it the growers could make in arid states.Night Train is made from whatever is available. I've seen it made with apple juice, pear juice, citrus juice and grape juice. That's true diversity. Amazingly, it all tastes the same.
To: freedombiz
Time to find out which Washington State wines are publicly traded!
29
posted on
02/28/2011 8:22:56 AM PST
by
G Larry
To: freedombiz
The higher tax is on wines to which distilled alcohol has been added . . . Isn't this fortified wine, a drink favored by a certain demographic?
To: freedombiz
After that they will raise the tax on beer because it isn't fair to the whiners, and The California Air Resources Board (that uses rules written by a phony PHD) wants all cars to triple gas mileage, seems like gas taxes will fall by 2/3rds (yeah sure)
31
posted on
02/28/2011 8:58:57 AM PST
by
Foolsgold
(L I B Lacking in Brains)
To: sportutegrl
You’ve got it! They are taxing the bums! They have so many of them, it is time they produced revenue.
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