Wine Tax Matures in New Budget

Wine Tax Matures in New Budget

Photo: iStockphoto.com

Governor Paterson’s overwhelmingly booed budget deal may not allow grocery stores to sell wine or impose a non-diet-soda tax, but wine is not spared. An excise tax on producers who sell their wine here will rise 58 percent, to 51 cents a gallon. A small portion of this cost will likely trickle down to the price of bottles. [NYDN]

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