Friday, March 6, 2009

Beer's Economic Impact

I came accross a great site today called Beer Serves America. The site goes into great detail about the impact beer has our nations (and states) economy. There is a tool on the site that allows you to view by state, and by district within your state, the economic impact the beer industry has. It was pretty amazing stuff. In 2006, Massachusettes employed just under 25,000 people in the industry earning wages over $255 million.

Now, I'm not an economist, but I read a great post (actually a few) on Lew Bryson's blog about taxes on beer/liquor/cigarettes etc. and how they don't work. With Govenor Deval's push for the new "Wellness Tax" I thought I'd point out this site. As Lew's post points out, NJ Tried this with smokes in order to help curb a budget crisis, and it backfired. People either stopped smoking or drove over the border to get their smokes and the State actually lost revenue.

Let's pray that the Wellness Tax doesn't go into effect. Because not only will your beer be more expensive, but that bag of skittles from the vending machine will be $2 soon!!


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