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Filed under: Business, Local News
Wed. September 23, 2009 5:20:59 AM
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Chicago, IL — A new state liquor tax hike has provided a convenient launching pad for a big round of wholesale price hikes on wine and spirits that is likely to soon make drinking a far more expensive pastime in Illinois.
The increases on thousands of products, timed to coincide with the Sept. 1 tax hike, sometimes are double or more the increase in the liquor levy alone. It may take a few weeks or months, but the higher prices now faced by liquor retailers should eventually translate into sharply higher costs for everybody from fussy wine snobs to besotted tipplers.
Read more on chicagotribune.com.
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