Early Saturday morning, the United States Senate passed a bill that, if enacted, will be a boon for car accident lawyers in Maryland and around the country. The Senate’s tax reform bill included language which would decrease the federal alcohol excise taxes by 16 percent and lead to steep cuts in the cost of beer, wine, and liquor. It is a “car accident lawyer jobs bill” although sources tell me this is not the official title of the bill
The newly passed Senate’s bill would, for example, cut the federal taxes on beer from $7.00 to $3.50 per barrel on the first 60,000 barrels and from $18.00 to $16.00 per barrel on the next six million barrels. I am unfamiliar with how big a barrel is, but I know that it is going to cut the cost of buying alcohol.
Fewer people die in drunk driving accidents than when I was a kid. Even though billions of dollars have been spent trying to eradicate drunk driving, we have not gained much ground. Every year, over 10,000 people die in drunk driving accidents. That is not the half of it. An estimated 88,000 deaths every year are attributable to alcohol, which makes it the third leading cause of preventable deaths after smoking and poor diet/lack of exercise. But we are not talking about just deaths. Alcohol destroys families and leads to crime, illness, and non-fatal car accidents. Not for nothing for those who are excited about the ostensible economic benefits of this tax plan, alcohol use slows down economic productivity and leads to job losses.