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shiwani on wine and taxes
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    0 starsshiwani | Shared With: Everyone - Oct 19 2007 | wine, beer, taxes
    Why is it against the law to make moonshine? - Slate Magazine

    This explainer raises a good point - you can make your own wine and beer, but not moonshine. Apparently it's because liquor is worth more to the government than beer or wine.

    Quoted: Two Georgia men pleaded guilty to charges of operating a moonshine still in the Chattahoochee National Forest. One of the bootleggers faces up to 35 years in prison for his crimes: making the brew, selling it, and not paying taxes on the proceeds.

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  • mohit
    Oct 03 2008

    Quoted: He asked me where America was going to get the $700bn needed for the splurge. I reminded him that the legislation (at least last I looked) only authorized $350bn upfront and only $250bn of that would be funded initially. I pointed out to Nathan that if we up and left Irag this month and walked away from all of our financial commitments to Iraq and it’s security, we’d save $250bn over the next two years. We could use that money buying the crap assets, holding them through the downturn, and then flip them when things get better, hopefully for a profit. That’s a hell of a lot better than spending $250bn providing a police force for Iraq while they assemble an oil-funded surplus for their own account, not ours.

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