Study: U.S. alcohol taxes fall far short of covering cost of harm from drinking

Reuters (9/12, Carroll) reports a new study suggests that “the sum total of taxes on alcohol doesn’t come close to paying the bills associated with excessive alcohol consumption in the U.S. The total damages from excess consumption add up to $2.05 per drink, while state and federal taxes bring in about $0.21 per drink, according to an analysis published in the Journal of Studies on Alcohol and Drugs.”

Related Links:

— “Alcohol taxes not close to covering cost of drinking harms in the U.S., “Linda Carrol, Reuters, September 12, 2019

Posted in In The News.