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Pastimes : Where the GIT's are going

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To: Peter Dierks who wrote (173375)	1/21/2009 1:30:53 PM
From: SmoothSail	1 Recommendation Read Replies (2) of 225578

Oh no! 600% increase in wine tax The governor is proposing to increase California's wine levy. By Jerry Hirsch January 21, 2009 Is this the end of Two Buck Chuck? A proposal to raise the state tax on wine to a level more than six times higher to help close California's giant budget deficit would kill the $1.99 price for Charles Shaw wine, said Fred Franzia, who created the famous label sold by the Trader Joe's grocery chain. Charles Shaw, of course, is the formal name for the California wines sold since 2002 that are now widely known by their nickname Two Buck Chuck. The proposal by Gov. Arnold Schwarzenegger would raise the tax on wine to 29.6 cents for a 750-milliliter bottle from 4 cents. "It's like shooting Charles Shaw in the eye," said Franzia, chief executive of Bronco Wine Co., which owns the brand. latimes.com

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