Liquor and wine does cost more…
Speaking of booze…
More government taxes
Since I rarely go out these days, I haven’t been able to report whether wine or cocktail prices have gone up at local bars – but spotted this sign at Yash Liquors on 10th and Washington the other day. They’ve prepared their customers for higher prices before they walk in the door. Not sure how much, though (a quarter – a dollar?)
SEE ORIGINAL UPDATE AFTER THE JUMP…
A 25 percent tax increase on wine and liquor goes into effect today in New Jersey. However, beer lovers rejoice – you’re “safe” for now – gee, something to be thankful for NOT happening.
How many Hoboken bars will pass the increase to you?
“It will cost more to buy liquor and wine in New Jersey starting Saturday.
The state will raise the tax per gallon of wine and spirits by 25 percent. Customers will pay $5.50 in tax per gallon of liquor and 87½ cents per gallon of wine. Lawmakers did not include beer when they raised the tax to help balance the budget in the recession.
Some bars and restaurants say they won’t pass the higher tax on to customers.
However, Adam Stromfeld, who is a co-owner of a liquor store in Egg Harbor Township, says wholesale suppliers are taking advantage of the tax increase to raise the cost of their products. Stromfeld says the increases will hit those who buy lower-priced liquors the hardest.”