Wine Spectator: Alcohol Excise Cuts Are Included in Republicans’ Final Tax Bill

After weeks of negotiations, congressional Republicans have crafted a tax-cut bill they believe can pass both the House and Senate this week. And the latest version of the Tax Cuts and Jobs Act includes the most extensive cuts to federal alcohol excise taxes in decades, which means wineries will be one of the bill’s big winners if both chambers pass the bill and President Donald Trump signs it into law. Wine Spectator has the full story.

Tagged : Craft Beverage Modernization and Tax Reform Act, Tax Cuts and Jobs Act, Wine Spectator

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