American beer brewing companies—the big industrial brewers and the micro/craft brewers—are squabbling with each other and with their beholden congressional representatives about proposed corporate tax breaks.
The big brewers and the small brewers are pushing for reductions in the $18-a-barrel federal excise tax on beer, and they’re arguing about who should get the biggest cuts.
Good grief. Why would anyone in Congress even think about giving a gratuitous tax break to beer brewers?
Brewing beer is a fairly stable industry. It’s not a big factor in international trade. It's profitable. Drinking beer is still pretty popular, but it’s not a real growth industry.
There isn’t any public policy or societal or economic reason to give brewers a tax break.
They just want one.
It’s a bad idea.
Copyright © Richard Carl Subber 2015