Last night, Senate Finance Committee Chairman Orrin Hatch (R-UT) released his Chairman’s markup of the long-awaited major tax reform proposal, which included a landmark provision to create tax fairness for the country’s 1,589 small, independent craft distillers. Current tax policy allows for a reduced excise tax rate for small producers of beer and wine, however, craft distillers are charged at the same rate as major corporate suppliers, creating a huge disparity within the industry.
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It’s been 10 years since the George Washington Distillery at Mount Vernon reopened—and, arguably, since the rye-naissance started to accelerate. To mark the milestone, distillers from across the country gathered at the restored eighteenth-century production facility to craft a limited edition 10th anniversary rye whiskey.
It’s been 10 years since George Washington’s Distillery at Mount Vernon re-opened and to mark the occasion, Virginia Governor Terry McAuliffe signed a bill Sunday officially naming George Washington’s Rye Whiskey the Commonwealth’s official spirit.
Not a bad tenth birthday present (or 220th birthday, depending on how you look at it).