Monday, November 26, 2012

Summary


Beer Lovers Fear an Unequal Tax Bite in Wine Country
          France government propose a 160 percent increase tax on bear, this proposal has been faced to the strongly opposition due to two main reasons. First, the 160 percent increase is unacceptable; second, beer is the only target. An excuse from the government is the argument from the public’s health whereas the boost in beer’s tax is expected to reduce the France’s budget deficit. Basing on the government’s forecast, when the new tax policy is approved, the price of a half-pint of ordinary beer by nearly 6 cents while it can reach to 25 to 60 cents to the final consumers, according to brewery and food industry lobbies. This can lead to the downturn in economy. Regardless of the complaints, this policy is more likely to be adopted.


 http://www.nytimes.com/2012/11/27/world/europe/in-france-beer-lovers-chafe-at-tax-increase-plans.html?pagewanted=1&_r=0&ref=world

6 comments:

  1. your summary let me remember a news from Denmark. Dermank government publish a new tax policy about suger. They up the suger tax to control their increasing rate of obesity. But it does not work at all. the new policy only worked about half year, and it cancled by the government. I think the France government did the same thing as what the Denmark did.(Alex)

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  2. This is very interesting, I have learned a lot

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