Stop Congress From Increasing Distillers’ Taxes 400% During The Pandemic!
Last year, we called for your help advocating for the permanent passage of the Craft Beverage Modernization and Tax Reform Act (CBMTRA)…A bill that has the support of 76 Senators and 351 Representatives. The bill would make permanent, the 2017 Jobs Act that set the Federal Excise Tax to $2.70 per proof gallon on the first 100,000 gallons released. If Congress does not act again to make these rates permanent by December 31st, the tax rate will go UP 400% to $13.50 per gallon!
Distillers are already hurting economically due to COVID-19 and a 400% tax increase in Q1 of 2021 would be devastating to many of your favorite distilleries. We need your help in urging Congress to #StopCraftTaxIncreases this year and make them permanent so we can help rebuild our industry!