- The Fourth of July is a day of celebration in the US, but did you know that taxes are the most expensive ingredient in beer?
- In fact, taxes make up 40% of the retail price for beer due to federal and state excise taxes, sales taxes, and license fees.
- Each state has its own tax rates, with Wyoming having the lowest at $0.02 per gallon and Tennessee having the highest at $1.29 per gallon.
- Some states also tax based on alcohol content, place of production, size of container, or place purchased.
Source Tax Foundation
