In this economy, the hospitality industry canít afford to lose any more jobs to punitive tax increases. Currently, when you buy a typical bottle of spirits 59% of the purchase price goes toward taxes and fees! Policymakers need to understand that a tax on alcohol is a tax on the entire hospitality industry Ė negatively impacting restaurants, hotels, bars, nightclubs and liquor stores, and the thousands of men and women they employ.
Yet, despite being one of America's highest taxed consumer products, some state and local governments will still attempt to further inflate the hospitality tab by increasing alcohol taxes even more!
Alcohol is an important component of the American economy, and the cornerstone of the hospitality industry. In addition to 4 million U.S. jobs, the beverage alcohol industry is responsible for over $80 billion in annual U.S. wages and over $425 billion annually in U.S. economic activity.
When the state hospitality industry is already struggling, this is the wrong time, this is the wrong tax and these are the wrong people to punish with increased alcohol taxes.
It's time to tell our elected officials NO MORE HOSPITALITY TAXES!