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NBWA objects to tax consideration.

National Beer Wholesaler Association president Ron Sarasin recently sent a letter to President Bill Clinton citing three "critical reasons why increasing the federal excise tax (FET) on beer" is not the answer to curing the nation's economy.

"Any proposal to again increase federal beer taxes would mean a significant loss of jobs, a tax increase on the middle class, and a greater financial strain placed on state governments," Sarasin wrote.

Sarasin also pointed out that states which were hit hard by revenue losses after the 1991 FET increase stand to lose again because of reduced revenues from sales and income taxes.

"As a former govemor, you know too well the importance of having revenue sources reserved for states to finance their programs," Sarasin added.
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Title Annotation:National Beer Wholesaler Association, proposed increase in federal excise tax on beer
Publication:Modern Brewery Age
Date:Feb 15, 1993
Words:124
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