date:Nov 01, 2012
rgeron added, The decision is perplexing to say the least. Beer prices will soar in already declining cafs and brasseries that depend on beer for a third of their revenues. Jobs, which the government should be creating, will be lost in breweries, throughout the value chain and in the horeca sector, where 46,000 jobs are created by beer.
While the 160% tax hike may increase the 337 million in excise duties that beer in France generates each year, it also puts at risk total government revenues of