As Stimulus Debate Rages, Senators Agree on Tax Cuts for Beer
- Tax cut would benefit brewers, wine makers, distillers
- Tax cut would need to be included in broader year-end deal
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Lawmakers are still divided along partisan lines about how -- or whether -- to proceed with another round of economic stimulus before the year’s end, but one issue has the backing of most Senators: tax cuts for beer, wine and liquor.
A bipartisan group of 57 senators sent a letter to Senate leadership Tuesday asking for a permanent extension of an excise tax cut for brewers, wine makers and distillers in any final legislation before Congress breaks for the year. The bill extending the tax cut, which was initially passed in the 2017 tax overhaul, has 77 sponsors in the Senate and 351 backers in the House.