No one wants his or her taxes raised. Yet given the enormity of the fiscal challenges that lie ahead for this country, is a new tax on wine in order?
I don’t think so, and certainly hope not. But in the past, anti-alcohol lobbies have eyed a tax increase on wine and spirits. Many still consider alcohol as evil and wine, particularly anything above $20 a bottle, as a luxury item.
A couple of thoughts: American wine is a healthy, robust, agriculture-driven industry. It creates thousands of new jobs each year, and has spread goodwill globally at a time when this country needs an image enhancement. Given the state of this economy, we should resist the temptation to raise taxes on businesses that appear to produce luxury items.
Many wineries will likely be hard-hit by the potential recession and many restaurants will see both their clientele shrink and their wine sales slow down. It will be hard enough for most wineries and restaurants to make ends meet without a tax hike.
House Speaker Nancy Pelosi is also a Napa Valley vineyard owner, and Napa's Congressman Mike Thompson, who represents the North Coast winegrowing areas, farms grapes and makes wine. He has also been instrumental in making sure his fellow colleagues in Congress are aware of key wine issues, of which there are many beyond taxes.
But perhaps I'm wrong. Maybe wine is a luxury item and tacking a few pennies, nickels or dimes on each bottle is a viable way to raise revenue.
I'm interested in your thoughts about whether wine taxes should be raised or not, and why or why not.
Bruce Zucks — brighton township — November 7, 2008 3:32pm ET
Jason Zeledon — Berkeley, CA — November 7, 2008 3:57pm ET
Jim Mcclure — DFW, Texas — November 7, 2008 4:55pm ET
Andrew Kiken — calistoga, ca — November 7, 2008 7:22pm ET
Eugene Kim — Houston, TX — November 7, 2008 8:02pm ET
Michael Tracy — Corona, CA — November 7, 2008 10:23pm ET
Tristen Larson — Seattle WA — November 7, 2008 11:54pm ET
Karl Mark — Geneva, IL. — November 8, 2008 9:22am ET
David W Voss — Elkhorn, Wi — November 9, 2008 11:01am ET
Brian White — The Woodlands, TX — November 9, 2008 8:38pm ET
Matthew Weiler — Los Angeles, CA — November 10, 2008 2:19am ET
Chris Hilliard — Minnesota — November 10, 2008 9:48am ET
James Laube — Napa, CA — November 10, 2008 1:45pm ET
Chris Hilliard — Minnesota — November 10, 2008 4:00pm ET
C Eric Pennington — Ohio — November 10, 2008 6:18pm ET
Jim Mcclure — DFW, Texas — November 11, 2008 3:40pm ET
Larry Schaffer — Central Coast — November 13, 2008 5:14pm ET
James Laube — Napa, CA — November 13, 2008 5:17pm ET
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