Tuesday, June 30, 2009

Governor Patrick Approves Alcohol Tax

Start stocking up on wine and liquor now as the alcohol tax is coming.

I recently ranted about the proposed 6.25% tax on alcohol that Massachusetts legislature has proposed. The budget passed the House and Senate though Governor Patrick was ready to veto it unless some ethics reform legislation also passed. But the House and Senate passed an ethics bill and Governor Patrick has now approved much of the budget, including the new alcohol tax.

The 6.25% sales tax on alcohol will go into effect on August 1, 2009. So, buy your wine, beer and liquor now before the tax goes into effect. Stock up now when you can save money.

Now let us see if Governor Patrick can get re-elected after approving these new taxes.

1 comment:

DRC said...

I was told that the existing taxes (thru 3-tier distribution imbedded in price) re $8 for a case of beer and $2.90 for a $10 bottle of wine. Together we can tax you death before your liver succumbs.