WASHINGTON — While the blow of America is adequate parades and football amateur on New Year’s Day, Alice Tauber expects to be, able-bodied . . . counting bottles.
“I’m freaking out,” she says with a smile, but there is a adumbration of agitation as her eyes bound over the bags of bottles in the liquor abundance she and her husband, Ed, accept endemic for 16 years.
All those bottles accept to be counted so that the Taubers can bulk how abundant they will accept to pay to awning the new federal customs tax.
They won’t be alone. Everyone who sells alcoholic beverages or cigarettes–about 600,000 retail outlets and artefact producers, importers and wholesalers–must calculation every canteen and every backpack as of Jan. 1, the day the tax goes up.
This is a ancient inventory. Usually, producers and importers pay all customs taxes. In fact, they accept already paid the tax on aggregate now on the shelves, but at the old, lower rates. Retailers now charge accomplish up the aberration amid the old tax and the new one.
Once they complete the calculation and pay the adapted tax, retailers such as the Taubers won’t accept to anguish about it again. After that, importers and producers will pay all the tax at the new bulk and canyon forth the bulk in college broad prices.
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