17 Fun Facts About Beer And Taxes On National Beer Day

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17 Fun Facts About Beer And Taxes On National Beer Day
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to $3.

50 per barrel on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually and $16 per barrel on the first 6 million barrels for all other brewers and all beer importers; the excise tax remains at $18 per barrel rate for those producing over 6 million. If those rates sound familiar, they closely mirror previously proposed legislation, including of 2013.

6. German beers are often labeled"Gebraut nach dem Bayerischen Reinheitsgebot von 1516" which translates roughly to"brewed according to the ." The law originally limited the ingredients which can be used to make beer in Germany and allowed the government to tax beer. The Reinheitsgebot became an official part of the German tax code in 1919 but was largely gutted when Germany became part of the European Union.

7. To help pay for the Civil War, Congress imposed an excise tax on beer. The Revenue Act of 1862, signed into law by President Lincoln, on"all beer, lager beer, ale, porter, and other similar fermented liquors, by whatever name such liquors may be called." It may not be popular but taxing beer wasn't a bad idea from an economic standpoint, as it generates billions in revenue each year.8.

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