Lower Taxes Tapped a Beer Revolution

“As recently as 35 years ago, there were fewer than 50 breweries in the whole country, and the fastest-growing type of American beer was light, which Miller introduced in 1975.  The story of the U.S. ascent to the top tier of world beer began in the late 1970s, when brewing was liberated from government taxation and regulation that had held it back since Prohibition.  Following the federal example, state legislatures also began rewriting their bans on home-brewing, and it is legal now in every state except Alabama. The rise of American beer wasn’t an accident. It was spurred by efforts to cut taxes and regulation that unleashed entrepreneurship.”

http://online.wsj.com/article/SB10001424127887324482504578455131793135370.html

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