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Tuesday, November 22, 2011

Plan To Tax Jack Daniel's Derailed

(NASHVILLE, Tenn.) — 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 local referendum on the proposal, which would have taxed Jack Daniel's up to $5 million annually with the revenue going to local coffers.


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