Jack Daniels Tax Dead
The makers of Jack Daniel’s whiskey can take a victory sip after a proposal by local officials to tax its barrels of booze was derailed before it could reach the Tennessee Legislature.
The Moore County Council in Lynchburg voted 10-5 Monday evening to rescind a vote asking lawmakers to authorize a referendum on the proposal, which would have taxed Jack Daniel’s up to $5 million annually with the revenue going to local coffers.
Charles Rogers, who spearheaded the effort, said the issue “is now on life support.”
Jack Daniel’s is the world’s top-selling whiskey, distilled in the tiny town which has been celebrated in advertisements for years.
The distillery now pays $1.5 million in property taxes. Distillery officials opposed the measure, saying Jack Daniel’s is already paying its fair share.
