After failing to pass last session, two US Representatives have re-introduced this bill to reduce the federal tax on small beer producers.
The Small Brewer Reinvestment and Expanding Workforce Act – the Small BREW Act – would greatly reduce the tax on small brewers. This would not be much of a hit to the overall revenue collected by the government, because ‘small beer’ is only a very small part of total beer production in America (sadly).“There are few industries with more size disparity than the American beer business. There are…2,500 small breweries who together account for only six percent of the U.S. beer business,” said Rob Martin, president, Ipswich Ale Brewery and Massachusetts Brewers Guild.
Despite being a small percentage of the total beer production, these breweries do carry some weight —Nationally, small and independent brewers employ over 100,000 full- and part-time employees and generate more than $3 billion in wages and benefits and pay more than $2.3 billion in business, personal and consumption taxes.
Rose City Label strongly supports this type of legislation to help our 100+ Oregon Craft Brewers grow and thrive.
Read the full story from the national Brewers Association website by clicking here.