Comment on Prices are out of control
slashasdf@feddit.nl 18 hours agoYep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
Comment on Prices are out of control
slashasdf@feddit.nl 18 hours agoYep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
UnderpantsWeevil@lemmy.world 18 hours ago
Margins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade.
Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%.
The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.