Close Menu
The Politics
    What's Hot

    Maharani – Official Trailer

    July 10, 2025

    MCG and SCG won't host WBBL games as Stadium series is shelved for now

    July 10, 2025

    Nashville volunteers deliver food, necessities to immigrant families too afraid to leave their homes

    July 10, 2025
    Facebook X (Twitter) Instagram
    • Demos
    • Politics
    • Buy Now
    Facebook X (Twitter) Instagram
    The Politics
    Subscribe
    Thursday, July 10
    • Home
    • Breaking
    • World War
    • World
      • Africa
      • Americas
      • Asia Pacific
      • Europe
    • Sports
    • Politics
    • Business
    • Entertainment
    • Health
    • Tech
    • Weather
    The Politics
    Home»Business»Missouri’s American Beer Act to reduce taxes on local craft breweries
    Business

    Missouri’s American Beer Act to reduce taxes on local craft breweries

    Justin M. LarsonBy Justin M. LarsonJuly 10, 2025No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Share
    Facebook Twitter Pinterest Email Copy Link


    Labor Secretary Lori Chavez-DeRemer breaks down the better-than-expected May jobs report on ‘Varney & Co.’

    Republican Missouri Gov. Mike Kehoe signed a bill into law Thursday slashing taxes on American-made beer in his state that aims to electrify the malt industry and U.S. manufacturing and jobs overall, the Show Me State’s governor told Fox Digital. 

    “The American Beer Act will help strengthen the beer industry and the manufacturing sector within Missouri and across the United States,” Kehoe exclusively told Fox News Digital of the new law. Kehoe signed the bill on Thursday at Anheuser-Busch’s St. Louis Brewery, the headquarters of the longtime American beer. 

    “With this law, we’re not just supporting Missouri’s beer industry, along with farmers, suppliers, and retailers that help brew and serve American beers — we’re also setting an example for how we can support American manufacturers, the jobs they create, and the impact they have on their local communities.”

    Called the American Beer Act, the new law will reduce Missouri’s excise tax on American breweries — from massive operations down to boutique breweries. Specifically, the bill outlines that current law requires the Missouri Department of Revenue to collect $1.86 per barrel for all malt liquors for inspection purposes. After Jan. 1, 2026, that tax will be lowered to $0.62 per barrel for all malt liquor manufactured in an American brewery and to retain the $1.86 tax per barrel on imported malt beverages. 

    ANHEUSER-BUSCH INVESTS $300M TO BOOST MANUFACTURING CAREERS, VETERAN EMPLOYMENT

    Missouri Gov. Mike Kehoe signed the American Beer Act at Anheuser-Busch’s St. Louis Brewery on July 10, 2025. (Anheuser-Busch)

    Sherry Wohlgemuth, who serves as executive director of the Missouri Craft Brewers Guild, said the successful passage of the American Beer Act is a “win for local entrepreneurship, for Missouri’s vibrant craft beer scene, and for beer lovers everywhere.”

    REPUBLICANS LOOK TO STOP CHINA’S ‘BACKDOOR’ TARIFF DODGING SCHEME

    “The American Beer Act provides much-needed financial relief to Missouri’s homegrown brewers, enabling them to reinvest in their businesses, retain employees, and continue to grow,” Wohlgemuth continued. “And just as importantly, serves as an excellent example for how we can recognize the contributions that American manufacturing makes to our state’s economy, culture, and tourism.” 

    She added that the new law will directly assist the Show Me State’s more than 170 craft breweries, many of which are small, family-owned businesses, while remarking Missouri is “leading the way” for other states to join them in supporting U.S.-based manufacturing. 

    Gov. Kehoe signing

    Missouri Craft Brewers Guild Executive Director Sherry Wohlgemuth speaks at Anheuser-Busch’s St. Louis Brewery on July 10, 2025. (Anheuser-Busch)

    “We’re proud that Missouri is leading the way with this legislation, which provides a great model for other states to follow when looking to support American manufacturing.”

    Beer glasses

    The American Beer Act in Missouri aims to revitalize the American beer industry. (Getty Images / Getty Images)

    “For Missouri’s more than 170 craft breweries — many of which are family-owned small businesses — the American Beer Act represents real, tangible support,” Wohlgemuth continued. “These breweries are creating jobs, revitalizing neighborhoods, and fostering community in towns and cities across our state.” 

    “What’s more American than hard-working people building a business around something they love — like brewing great beer?” Wohlgemuth quipped. 

    Kehoe signing

    Missouri Gov. Mike Kehor at Anheuser-Busch’s St. Louis Brewery signing a new bill into law. (Anheuser-Busch)

    ANHEUSER-BUSCH CEO WANTS BEER TO BE LABELED ‘AMERICAN’ MADE: I DON’T LIKE THE WORD ‘DOMESTIC’

    The new law follows the Trump administration rolling out its “America First” policies, most notably in regard to President Donald Trump working to strike trade deals with foreign nations to bring parity to the U.S.’ chronic trade deficit with foreign nations. Trump has also signed various executive orders and actions to revitalize American manufacturing, including bolstering the U.S.’s steel and aluminum industry, encouraging auto manufacturing onshoring to the U.S., as well as tech manufacturing amid the U.S.’s high-stakes artificial intelligence race with China.

    Trump tariff

    President Donald Trump unveiled reciprocal tariff plans in April that aim to bring parity to America’s trade deficit. (BRENDAN SMIALOWSKI/AFP via Getty Images / Getty Images)

    “For decades, our country has been looted, pillaged, and plundered by nations near and far, both friend and foe alike. American steelworkers, auto workers, farmers, and skilled craftsmen — we have a lot of them here with us today — they really suffered gravely. They watched in anguish as foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories, and foreign scavengers have torn apart our once beautiful American dream,” Trump said in April during his “Liberation Day” announcement, unveiling reciprocal tariffs on foreign nations. 

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    “Our country and its taxpayers have been ripped off for more than fifty years, but it is not going to happen anymore,” he added.



    Source link

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Justin M. Larson
    • Website

    Related Posts

    Business

    How automation is using the latest technology across various sectors

    July 10, 2025
    Business

    One, Big Beautiful Bill reinstates lower oil royalty rates, ends EV tax credits

    July 10, 2025
    Business

    Suns’ Devin Booker reportedly signs richest contract extension in NBA history

    July 10, 2025
    Business

    Tomato prices could increase as US deal with Mexico nears deadline

    July 10, 2025
    Business

    House GOP demands security review of Chinese drone maker DJI Technologies

    July 10, 2025
    Business

    Elon Musk says Grok AI coming to Tesla vehicles next week

    July 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    • Africa
    • Americas
    • Asia Pacific
    • Breaking
    • Business
    • Economy
    • Entertainment
    • Europe
    • Health
    • Politics
    • Politics
    • Sports
    • Tech
    • Top Featured
    • Trending Posts
    • Weather
    • World
    • World War
    Economy News

    Maharani – Official Trailer

    Justin M. LarsonJuly 10, 20250

    Maharani – Official Trailer Source link

    MCG and SCG won't host WBBL games as Stadium series is shelved for now

    July 10, 2025

    Nashville volunteers deliver food, necessities to immigrant families too afraid to leave their homes

    July 10, 2025
    Top Trending

    Maharani – Official Trailer

    Justin M. LarsonJuly 10, 20250

    Maharani – Official Trailer Source link

    MCG and SCG won't host WBBL games as Stadium series is shelved for now

    Justin M. LarsonJuly 10, 20250

    The season begins on November 9 but the MCG could still host…

    Nashville volunteers deliver food, necessities to immigrant families too afraid to leave their homes

    Justin M. LarsonJuly 10, 20250

    Nashville, Tennessee — At the age of 80, Lynne McFarland of Nashville,…

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Editors Picks

    Review: Record Shares of Voters Turned Out for 2020 election

    January 11, 2021

    EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

    January 11, 2021

    World’s Most Advanced Oil Rig Commissioned at ONGC Well

    January 11, 2021

    Melbourne: All Refugees Held in Hotel Detention to be Released

    January 11, 2021
    Latest Posts

    Review: Russia’s Putin Sets Out Conditions for Peace Talks with Ukraine

    January 20, 2021

    Review: Implications of San Francisco Govts’ Green-Light Nation’s First City-Run Public Bank

    January 20, 2021

    Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

    January 20, 2021
    Advertisement
    Demo
    Editors Picks

    Maharani – Official Trailer

    July 10, 2025

    MCG and SCG won't host WBBL games as Stadium series is shelved for now

    July 10, 2025

    Nashville volunteers deliver food, necessities to immigrant families too afraid to leave their homes

    July 10, 2025

    Trump’s tariffs giving CEO of bedding company sleepless nights: “Probably the most challenging time of my career”

    July 10, 2025
    Latest Posts

    Review: Russia’s Putin Sets Out Conditions for Peace Talks with Ukraine

    January 20, 2021

    Review: Implications of San Francisco Govts’ Green-Light Nation’s First City-Run Public Bank

    January 20, 2021

    Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

    January 20, 2021
    Advertisement
    Demo
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Politics Designed by The Politics.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.