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Initiative to Tax Alcohol Could Bring California Billions — That's Because Your Vodka Will Cost $17 More

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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: