Tax break that helps craft breweries to expire if Congress doesn’t act

WPRI.com | 10/5/2019 | Staff
Mireille (Posted by) Level 3
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WASHINGTON (Nexstar) — In recent years we’ve seen the craft beer industry grow from a handful of breweries in major cities to thousands of smaller, artisanal breweries spread across all 50 states.

Brewers said the Craft Beverage Modernization and Tax Reform Act (passed in 2017) has helped with that growth. But those tax breaks expire this year, and advocates want Congress to act fast.

Leah - Cheston - Husband - Right - Proper

Leah Cheston and her husband own Right Proper Brewing in Washington D.C.

“Our flagship is called “Raised by Wolves,” which is an aromatic pale ale. We brew all kinds of stuff,” Cheston said.

Cheston - Craft - Brewers - United - States

Cheston is one of nearly 7,000 craft brewers in the United States, who along with beer lovers, raised a glass after Congress passed the Craft Beverage Modernization and Tax Reform Act 2 years ago.

Jim McGreevy with The Beer Institute said it reduced the federal excise tax for brewers...
(Excerpt) Read more at: WPRI.com
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