Introduced
by
To increase the state liquor tax. This is levied through a system in which all liquor is sold to retailers through the state, which applies a “markup” (tax). The bill raises the markup from 65 percent to 75 percent. This is one of a number of tax increases included in Gov. Jennifer Granholm’s Fiscal Year 2007-2008 budget recommendation, which is based on approximately $1 billion in tax increases. This provision would increase the taxes paid by citizens approximately $29 million.
Referred to the Committee on Tax Policy
