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:
“Every diminution of the public burdens arising from taxation gives to individual enterprise increased power and furnishes to all the members of our happy confederacy new motives for patriotic affection and support.”
—Andrew Jackson (1767–1845)
“Nothing changes my twenty-six years in the military. I continue to love it and everything it stands for and everything I was able to accomplish in it. To put up a wall against the military because of one regulation would be doing the same thing that the regulation does in terms of negating people.”
—Margarethe Cammermeyer (b. 1942)
“I really know nothing more criminal, more mean, and more ridiculous than lying. It is the production either of malice, cowardice, or vanity; and generally misses of its aim in every one of these views; for lies are always detected, sooner or later.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)