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European wine industry sticks it to their taxpayers
July 23, 2007 from the Scotsman:
"The regime of regulations and subsidies for European wine makers is "unsustainable" and should be reformed, the House of Lords European Union committee urged.
The committee warned that the EU was in danger of importing more wine than it exported and called for reforms to make Europe's vineyards more competitive against wines from South America, Australia and the US.
Lord Sewel, who chaired the inquiry, said producers were "out of touch" with what wine drinkers wanted."
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Really. What more could I possibly add, except that without those subsidies European winemakers would be forced to compete globally on an equal footing with New World wine producers who get nada from taxpayers...
What do you think? Wonder what our local wine industry thinks...
I'm not certain about this, but I seem to remember reading about how horribly Virginia winemakers are taxed. Didn't the general assembly put a limit on how many cases they could sell locally a couple years ago and then take it back because there was such a uproar in the winemaking community?
Posted by Idler
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