[caption id=”attachment_110452″ align=”aligncenter” width=”1024″]A couple tastes a selection of 12 different beer flights at the Beer Hall at the Harpoon Brewery in the Seaport District of Boston. (AP Photo/Charles Krupa)
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WASHINGTON EXAMINER — It’s not often that companies dramatically scale back their legislative proposals for Congress and largely adopt the same ones as their smaller rivals, but that has happened with the beer industry.
For years, the Beer Institute, a trade association representing major brewers such as Anheuser-Busch, MillerCoors and Heineken USA, has backed legislation that would reduce the current top excise tax rate for golden, sudsy beverages from $18 a barrel to $9.
This year, the institute abruptly reversed course and is now backing legislation dubbed the Fair Beer Act that would provide more modest tax savings but keep the current $18 top rate.
The proposal largely adopts the same tax rate structure proposed by the Small Brew Act, rival legislation that mainly boosts the smaller craft beer industry but tweaks it to provide some relief to larger brewers as well.
Read more at the Washington Examiner.
