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Alcohol Pricing Strategies Alcohol Pricing Strategies

Alcohol Pricing Strategies - PowerPoint Presentation

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Uploaded On 2024-01-13

Alcohol Pricing Strategies - PPT Presentation

Alcohol pricing strategies impose higher taxes on alcoholic beverages to reduce excessive drinking underage drinking and alcoholrelated deaths 88000 people die of alcoholrelated causes each year ID: 1040349

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1. Alcohol Pricing StrategiesAlcohol pricing strategies impose higher taxes on alcoholic beverages to reduce excessive drinking, underage drinking and alcohol-related deaths.88,000people die of alcohol-related causes each year.

2. Alcohol Pricing StrategiesHealth BenefitsReduced overall alcohol consumptionReduced alcohol-related vehicle crashesReduced mortality from liver cirrhosis Reduced alcohol-related violence Economic Benefits In 2010, excessive alcohol use cost the United States an estimated $249 billion in medical careMore than 70 percent of costs were related to binge drinking

3. Alcohol Pricing Strategies Distilled Spirits Excise Tax Rates (Dollar per Gallon)Distilled Spirits Council of the United StatesIn some states different rates are applicable to alcohol content, place of production, size of container, or place purchased.