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Wisconsin’s alcohol sales tax withholding surged at the highest rate in almost 50 years last year | Local Government

Wisconsin’s alcohol sales tax withholding surged at the highest rate in almost 50 years last year | Local Government

 







Liquor tax collection boom

If you feel like you’re drinking more alcohol during last year’s COVID-19 pandemic, Wisconsin has a tax receipt to prove it.

Alcohol taxes collected in Wisconsin surged nearly 17% in the fiscal year ending June 30, according to state tax revenue data analyzed by the nonpartisan Wisconsin Policy Forum.

This is the biggest leap since 1972, when the drinking age was reduced to 18 years after more than 10 years.

Excise tax revenues on liquor sales in Wisconsin are projected to reach approximately $ 73.8 million, an increase of 16.6% from the $ 63.3 million collected in the previous year, according to data from the state ministry and legislative finance department. I am.

Although it is difficult to fully assess the impact of COVID-19 on alcohol sales in the state, the Policy Forum has already stated that restrictions on meetings and social events, coupled with the psychological and emotional sacrifices of an ongoing pandemic, have already been made. A state that is ranked high in alcohol consumption.

According to the report, “For individuals, this period may also have created increased stress on individual health and the health of loved ones, loss or reduction of employment, reduced work and leisure activities, and school and childcare challenges. There is sex. ” “It’s probably not surprising that Wisconsin’s sales of alcohol increased during that time.”

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