Tax Reform Coming to Breweries?

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Wisconsin State Senator Tammy Baldwin (Center) and Brad Stillmank, founder and brewer of Stillmank Brewing Company (Right)

On August 10th, Stillmank Brewing Co., in Green Bay, WI  hosted a media event with Wisconsin State Senator Tammy Baldwin (D) to discuss The Craft Beverage Modernization and Tax Reform Act. This Act looks to cut taxes and modernize outdated regulations for craft brewers, cider makers, vintners and distillers. In addition to providing tax relief for brewers, the legislation aims to reduce compliance burdens for craft beverage producers by exempting nearly 90 percent of all industry members from complex bonding and bi-weekly tax filing requirements.

Photo courtesy of WLUK Green Bay, Fox 11 News

Senator Baldwin says,

“Our breweries are vital to our state’s Made In Wisconsin economy and our heritage. Wisconsin beer makers not only brew famous lagers, they create jobs and spur investment in communities throughout the state. I am proud to support legislation that will give Wisconsin businesses the ability to continue to thrive and hire more hardworking Wisconsinites.”

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Photo courtesy of Green Bay Press Gazette.

Brad Stillmank, founder and brewer of Stillmank Brewing Company,  is optimistic that a bill will help the business grow. He feels this bill will reduce breweries’ federal excise tax by 50-percent and in-return more money can be put back into the business.

During this event, Brad showed his Wisconsin hospitality by offering a nice selection of tasty brews on tap for the visitors.  Of course, Senator Baldwin declined to drink beer while “on the clock”, but several attendees did purchase beer to take home for “afterhours”.  This makes me smile, and reminds me of how lucky I am to work in an industry that not only allows me to have a beer in the middle of the day, but encourages it!

Cheers,

Penny

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About Penny Pickart

Penny PickartPenny is a trusted and highly-sought advisor to the brewing industry. Her passion for the brew industry and continued education through Siebel Institute of Technology as well as MBAA courses have helped her develop expertise in malt and beer sensory over her 20 years of experience. Penny is always willing to jump in with both feet with brewers to troubleshoot brewhouse performance issues and her customers seek her out due to her malt characteristic expertise to assist in recipe formulation. Further, that expertise has led her to be a judge at competitions nationwide including GABF and World Beer Cup.

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