Tax cut could mean more microbrews
There are a growing number of small breweries in Wisconsin and they're keeping a close eye on Congress. That's because some lawmakers in Washington are working on a tax cut for micro-breweries.
Called the "Small Brew Act," it would cut the tax per barrel from $7 to $3.50.
Joe Katchever, the owner and brewmaster at Pearl Street Brewery in La Crosse, says a tax cut like that would have a substantial impact. Pearl Street Brewery produces about 3,000 barrels of beer each year.
"Brewing is very equipment intensive. A lot of this processing equipment really costs a lot of money so it will really help us out in our growing as a business," said Katchever, who says the tax cut would certainly lead to more hiring at microbreweries across the country.
Big breweries are fighting the tax break, saying all brewers should be taxed less per barrel. Small brewers say they need the help more.
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