Johnson Supports Craft Beverage Modernization and Tax Reform Act

“…we need to find areas of agreement. This bill is one of them, as its bipartisan support shows. I welcome other senators to join me as a cosponsor.”

WASHINGTON — Sen. Ron Johnson (R-Wis.) on Tuesday urged Senate colleagues to support a bill to scale back the taxes the federal government levies on beer, spirits and wine. The bill, S.1562, the Craft Beverage Modernization and Tax Reform Act, was led by Sen. Ron Wyden, an Oregon Democrat, and is cosponsored by Johnson and bipartisan group of 19 other senators.

“Our economy’s painfully slow growth under President Obama has harsh consequences for Americans, who have seen a decline in real household incomes over the past six years," said Johnson. "Part of a solution lies in easing the burden of an uncompetitive tax system on American job creators – including entrepreneurs who are bringing new growth to the brewing and distilling industries.

“That is why I am pleased to cosponsor the Craft Beverage Modernization and Tax Reform Act. It scales back taxes unique to the brewing, distilling and winemaking industries that hold back American businesses and workers. It eases the tax burden on American consumers. And it will provide relief to Wisconsin’s smaller craft brewers and to its larger global brewers, not limiting the relief to just one segment of the industry. As we start reforming our tax system, we need to find areas of agreement. This bill is one of them, as its bipartisan support shows. I welcome other senators to join me as a cosponsor.” 

###