
What happens when you raise taxes on beer
The tax on a standard barrel of beer (36 gallons of beer with an OG of 1055º) had been 80 shillings since 1924. Quite a long period, by modern standards. In 1931 it was increased to 114 shillings, which raised the average price of a pint from 6d to 7d. At a time of high unemployment and stagnant or even falling wages, what happened is no surprise. Consumption fell.
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