EPISODE · Feb 10, 2021 · 2 MIN
The burden of taxation of your beer
from Die ekonomie minuut · host Waldo Krugell
With the Budget Speech around the corner, SA Breweries has asked the Minister of Finance to give relief to beer brewers by not increasing excise taxes. The South African Liquor Brand Association is asking for an increase below the inflation rate. The industry argues that they need time to recover after a total of 19 weeks in which alcohol sales were banned. What the news reports do not explain is that one has to ask who bears the burden of the excise tax? Read more about the research behind today's podcast here.
What this episode covers
With the Budget Speech around the corner, SA Breweries has asked the Minister of Finance to give relief to beer brewers by not increasing excise taxes. The South African Liquor Brand Association is asking for an increase below the inflation rate. The industry argues that they need time to recover after a total of 19 weeks in which alcohol sales were banned. What the news reports do not explain is that one has to ask who bears the burden of the excise tax? Read more about the research behind today's podcast here.
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The burden of taxation of your beer
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