HDRider
Well-known member
"Every year that barrel ages, it is taxed again and again and again and again," he said. "If you're drinking a bottle of 18-year-old Elijah Craig, that whiskey from that barrel had been taxed 18 times before it was bottled."
"No other place in the world does this, they don't do it in Japanese whiskey, or Canadian whiskey or Scotch whiskey or Irish Whiskey or even Tennessee whiskey. We're the only place in the world that taxes aging barrels as spirits," Gregory said.
"No other place in the world does this, they don't do it in Japanese whiskey, or Canadian whiskey or Scotch whiskey or Irish Whiskey or even Tennessee whiskey. We're the only place in the world that taxes aging barrels as spirits," Gregory said.
Bourbon distillers face big tax bills and higher tariffs after a record year for production
In addition to barrel taxes, Kentucky distillers are set to pay $300 million in state and local taxes and $1.8 billion in federal excise taxes on alcohol.
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