Alcohol Tax Cut Recommended

A study commissioned by the Swedish government recommends that the country drop its tax on liquor by 40%. Finland and Denmark have already decided to decrease their taxes sharply on distilled spirits.

In the U.S., taxes account for over half the cost of the typical bottle of distilled spirits (whiskey, Bourbon tequila, rum, vodka, gin, etc.).

Reference:

  • Sweden should slash alcohol tax by 40 percent: government study. EUbusiness.com. , August 16, 2004.