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Economics
Essay specific features
Written by:
Bobby S
Date added:
January 26, 2017
Level:
University
Grade:
B
No of pages / words:
14 / 3654
Was viewed:
8313 times
Rating of current essay:
Essay content:
Payroll exceeds $21 billion, with federal, state, and local governments receiving tax revenue in excess of $30 billion annually. (www.beerservesamerica.org). According to a January 2001 study by Standard & Poor's DRI, 44% of every Beer sold in the United States was consumed by taxes. The tax burden on beer is far higher than the average consumer good in the U...
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The tax burden on beer is far higher than the average consumer good in the U.S. economy: total federal, state, and local taxes equal 31.7% of final sales of all products (GNP) in the U.S. The income generated by the beer industry manufacturers and related sales and distribution partners added $10.7 billion in Federal personal income, profit, and payroll revenues and $3...
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