Alcohol Consumption - Taxation and Regulation of Production

Taxation and Regulation of Production

Alcoholic beverages are subject to excise taxes. Additionally, they fall under different jurisdiction than other consumables in many countries, with highly specific regulations and licensing on alcohol content, methods of production, and retail and restaurant sales. Alcohol tax is an excise tax, and while a demerit tax, is a significant source of revenue for governments. The U.S. government collected 5.8 billion in 2009. In history, the Whiskey Rebellion was caused by the introduction of an alcohol tax to fund the newly-formed U.S. federal government.

In most countries, the commercial production of alcoholic beverages requires a license from the government, which then levies a tax upon these beverages. In many countries, alcoholic beverages may be produced in the home for personal use without a license or tax.

Read more about this topic:  Alcohol Consumption

Famous quotes containing the words taxation, regulation and/or production:

    Whether talking about addiction, taxation [on cigarettes] or education [about smoking], there is always at the center of the conversation an essential conundrum: How come we’re selling this deadly stuff anyway?
    Anna Quindlen (b. 1952)

    Lots of white people think black people are stupid. They are stupid themselves for thinking so, but regulation will not make them smarter.
    Stephen Carter (b. 1954)

    The growing of food and the growing of children are both vital to the family’s survival.... Who would dare make the judgment that holding your youngest baby on your lap is less important than weeding a few more yards in the maize field? Yet this is the judgment our society makes constantly. Production of autos, canned soup, advertising copy is important. Housework—cleaning, feeding, and caring—is unimportant.
    Debbie Taylor (20th century)