Name: Why is Beer So Expensive? - Craft Beer 103 - Learn Liberty
Uploaded: 2016-09-30T00:02:23.000Z
Duration: 3 min 38 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Imagine what it would be like without taxes?

>> So let me give you an idea of how much of the price of this beer,

is actually paying for the taxes that are associated with it.

About 44% of that beer, the price of this beer,

is to pay for the state and federal taxes.

And the local taxes, so these are all the taxes,

the sales taxes, as well as the particular beer related taxes,

that come along with brewing and selling this beer.

I'm enjoying this beer, the government gets drunk on like 44% of my beer.

>> If we were to be honest with ourselves, it probably look a little more like this.

this is a little more accurate in terms of how much you're actually paying for beer,

versus how much you're actually paying for all of the other costs associated

with the taxes and regulations that have to do with getting that beer to you.

One thing I can tell you, is that beer is probably one of the most

highly regulated industries, across the country.

That you're looking at someone that's saying, I just want to make you a drink.

That's all I want to do, is take some things and

mix them together, and give it to you, because it's good and you like it.

they're like putting lead boots on these craft breweries and these entrepreneurs.

And you take a little entrepreneur and drop him in this beer glass,

And a lot of times the regulatory response, or

the solution that policymakers come up with,

is to try to design some really elaborate breathing apparatus or some giant straw

to get to the bottom of the glass to help him breath, so he can continue to survive.

>> So, suppose we eliminate a lot of these regulations and

There's gonna be more competition among brewers.

There's gonna be more options for you as a beer drinker.

And ultimately that leads to greater choice and cheaper beer for

everyone looking for a delicious brew to spend their time with.

>> So more beer, more variety, lower price.