Initiative to Tax Alcohol Could Bring California Billions — That's Because Your Vodka Will Cost $17 More
A new initiative that would increase the tax on alcohol was cleared for signature gathering today by the Secretary of State's Office. And it's not a modest tax increase, it's huge. Tax on a six-pack of beer would increase from 6-cents to $6.08. And say goodbye to two-buck chuck--a tax on a 750 ml bottle of wine would go from 4-cents to $5.11. And the tax on a 750 ml bottle of distilled spirits would increase from from 65-cents to $17.57.
The estimated $7 to $9 billion in state revenues it could garner would be given to Department of Alcohol and Drug Programs. Here's the full title and summary: