Wine industry’s goon bag of tax goodies
Australians are paying more in income tax than goon companies. That’s according to an independent think tank, which wants cheap wine to be taxed the same way as beer. At the moment, cheap wine attracts only $3 in tax per litre of alcohol while bottled beer reaps ten times that at $35, and premium wine at $55. The Australia Institute believes the unfair tax treatment is corporate welfare at its worst, with a majority of wine producers paying almost nothing, reports SBS.