Jack Daniel's avoids extra tax bill
The threat of an extra tax on the distiller dissipated on Monday night when the Moore County Council voted 10-5 to reject a vote asking lawmakers to authorize a referendum on the proposal.
Had the proposal passed, it would have taxed Jack Daniel's up to $5 million annually, with the revenue going to local government.
The distillery already pays $1.5 million annually in property taxes. The company had, of course, opposed the proposal, saying Jack Daniel's already pays its fair share.
Charles Rogers, a local resident who led the effort to get more tax revenue, said the issue "is now on life support."
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Posted by William M. Dowd at 12:47 PM