Saturday, February 16, 2008

A is for ...


Alcohol Tax.

Budget 2008 revealed a bunch of boring stuff that I could relate to but did not quite interest me or pose any benefit of sorts since there was no reduction in personal income taxes (damnit) .. until it was mentioned that with immediate effect alcohol will now be taxed on the basis of the alcohol content, rather than on its volume. Whether these savings will translate to extended happy hours for the general drinking public remains to be seen; but, oh I hope it will for I'll certainly drink to that!

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