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Monday, November 20, 2017 10:20:17 AM
My initial gut reaction is the two are not connected now. It doesn't change the acquisition potential.
KAD might benefit, but Jefferson's might not see much of a difference. For instance, 10,000 barrels turns into $30,500. I have never figured out how many barrels Jefferson's goes through, so my 10K number is just for an example.
Senate Republicans are proposing significant excise tax reductions for wine, liquor and beer -- including one that slashes in half the rate for craft brewers.
Small brewers would be taxed at $3.50 per barrel for the first 60,000 barrels produced in the U.S., and the rate would go back up to $16 after that. They are currently taxed $7 for barrel for the first 60,000 barrels.
http://money.cnn.com/2017/11/16/news/beer-wine-whiskey-tax/index.html
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