Making the Case to Raise US Alcohol Taxes
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Good morning, it’s Fiona in New York.Most Americans probably don't realize they pay an alcohol tax on every bottle of wine they buy and every beer they have at a bar. Some people argue these taxes should be increased. More on that in a moment, but first ...
Arthur Robin Williams, an associate professor of clinical psychiatry at Columbia University, says we’re entering a new era when it comes to alcohol. Consumers are cutting back, quitting entirely and exploring alternatives, and both cancer warnings and higher taxes could accelerate the change.