TN beer taxes highest in country?

Checked this out via yazoobrew.blogspot.com

“Last week, the Nashville Business Journal reported that beer taxes in TN were some of the lowest in the country, based on data provided by the Tax Foundation in Washington, D.C. However, Tennessee gets most of its beer tax revenue from a 17% wholesale tax. If you look at all the taxes the state collects on the sale of beer, TN has the highest overall taxes in the country. I emailed both the Nashville Business Journal and the Tax Foundation, asking them to clarify their stance. The Journal posted a clarification the next day, but I didn’t hear back from the Tax Foundation. But Politifact Tennessee picked up on the claim made by the Tax Foundation and reported their assessment of its truth here:http://www.politifact.com/tennessee/statements/2012/mar/20/tax-foundation/tax-foundation-map-shows-tennessee-has-low-beer-ex/

In 2010, the latest year I can find data for, Tennessee collected $122 million from the 17% wholesale tax and $16.6 million from the beer excise tax. Since the excise tax is a flat $4.29 per barrel, you can calculate that 3,896,464 barrels of beer were sold in TN in 2010. Combining the wholesale tax and the excise tax meant the total taxes on beer in 2010 were $35.82 per barrel, the highest in the country (a barrel is 31 gallons).

So for a six pack of Yazoo, at an average retail price of $8.49, the state is collecting $0.65 in beer taxes and $0.79 in sales taxes, or about $1.44 a six pack”

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Whatchoo talkin' 'bout Willis?

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