Beer tax collections in North Carolina were up 3.8
percent during March and show a 1.65 percent increase for the first quarter of
2014. Tax collections for unfortified (table) wine were up 8.1 percent
in March and are up 5.6 percent for the first quarter of 2014. Tax collections for fortified wine were down 3.2 percent
in March and are up 2.6 percent for the first quarter of 2014. Perhaps the most interesting trend line involves
distilled spirits (liquor). Liquor tax
revenues were up 4.8 percent in March which means that liquor tax collections
have increased 23 out of the last 27 months. That means liquor tax money has gone up on a monthly basis 85 percent of
the time, or a “batting average” of .852. By comparison, beer has experienced a pretty rocky road
during the same time period. Beer tax collections
have been down in N.C. for 12 of the last 27 months. The beer batting average is at .555. Similar to liquor, tax revenues for unfortified or table
wine are on a steady growth curve. Tax
revenues have increased 22 times out of the last 27 months, a batting average
of .815. National surveys show that beer remains the beverage of
choice for a plurality of U.S. citizens. An August 2013 Gallup poll listed beer at 36 percent, wine 35 percent
and liquor at 23 percent. |