USA: Congress Extends Big Alcohol’s Tax Break
Posted on December 18, 2019 in The Americas, United States of AmericaThe United States Congress extends the major tax break for the alcohol industry, losing billions of dollars in government revenue and further filling the coffers of Big Alcohol shareholders and executives with growing profits.
All this money is tax revenue being lost to the government which could have been invested in health and development of people and communities across the country that are seriously affected by rampant alcohol harm. Currently, alcohol harm costs the United States $249.0 billion every year. The one year extension of the alcohol tax break has been estimated to cost the government a total $1.2 billion…