Home Conservative $6,474,000,000: Total Alcoholic Beverage Taxes Hit Record in 2016

$6,474,000,000: Total Alcoholic Beverage Taxes Hit Record in 2016

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WOW! Over $6 billion in Alcoholic taxes for 2016. I hope that total  wasn’t just on election night – PB/TK

$6,474,000,000: Total Alcoholic Beverage Taxes Hit Record in 2016 -By Terence P. Jeffrey | April 3, 2017

(CNSNews.com)  – Americans paid a record of approximately $6,474,000,000 in total alcoholic beverage sales taxes in fiscal 2016, according to the U.S. Census Bureau.
But that was up only about $350,000 from the approximately $6,473,650,000 in alcoholic beverage sales taxes (in constant 2016 dollars) that Americans paid in fiscal 2015.
At the same time, Americans paid less per capita in alcoholic beverage taxes in fiscal 2016 than they did in fiscal 2015.
In fact, in the 25 years (1992-2016) of state and local tax numbers posted on the Census Bureau’s online database for state and local taxes, per capita alcoholic beverage sales taxes (in constant 2016 dollars) peaked in fiscal 1992. That year, they hit $23.52 for every man women and child in the United States.

Continue to cnsnews.com article: http://www.cnsnews.com/news/article/terence-p-jeffrey/6474000000-total-alcoholic-beverage-taxes-hit-record-2016

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