A father who is raising 2 kids, 2 dogs, married 20 years, works a job to pay bills and kill time between vacations, and looking to share stories, advice, thoughts, etc with other Dads out there also trying to simply navigate “Life”.
THE FATHER BLOG
I want to share my experiences with other working fathers and welcome the thoughts of all dads out there because I certainly don’t have all the answers myself.
I welcome you to add comments to my posts
LINK TO ALL POSTS:
https://thefatherblog.com/category/uncategorized/
Days of the Week Post Topics
- Monday – Finance
- Tuesday – Beer/Liquor/Booze
- Wednesday – Family
- Thursday – Travel and Sports
- Friday – Miscellaneous
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LINK TO ALL POSTS:
https://thefatherblog.com/category/uncategorized/
Flexibility is the Key!
4 min read
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Beer Tax?
We (and specifically myself) are not going to stop buying and consuming beer. But did you know each state has it’s own excise tax on alcohol? I’m not talking about sales tax as that’s a whole different story. And this is specific to beer because wine and spirits are also taxed differently.
The United States collects an excise tax on fermented malt beverages at the federal level (ranging from $0.11 to $0.58 per gallon based on production, location, and quantity). At the state level, all 50 states and the District of Columbia collect their own beer excise taxes, added on to any other retail sales taxes from state, and sometimes municipal, governments.
Kudos to our friends in Wyoming who can boast the lowest excise tax ($.06) and our apologies to those in Tennessee who are getting crushed ($1.29) as per 2024.
Where does your state rank? https://taxfoundation.org/data/all/state/state-beer-taxes-2024/
State Beer Excise Tax Rates
(Dollars per Gallon) As of January 1, 2024
State Tax Rate Rank Alabama (a) $0.53 8 Alaska $1.07 2 Arizona $0.16 36 Arkansas (b, c) $0.35 18 California $0.20 30 Colorado $0.08 46 Connecticut $0.24 27 Delaware $0.26 24 District of Columbia (b) $0.79 5 Florida (d) $0.48 9 Georgia (a, d) $0.48 9 Hawaii (d) $0.93 4 Idaho (d) $0.15 38 Illinois $0.23 28 Indiana $0.12 43 Iowa (d) $0.19 32 Kansas $0.18 33 Kentucky (e) $0.93 3 Louisiana (d) $0.40 15 Maine $0.35 19 Maryland (b) $0.60 7 Massachusetts $0.11 44 Michigan $0.20 29 Minnesota (d, b) $0.47 11 Mississippi $0.43 12 Missouri $0.06 49 Montana $0.14 40 Nebraska $0.31 20 Nevada $0.16 36 New Hampshire $0.30 21 New Jersey $0.12 42 New Mexico $0.41 14 New York $0.14 39 North Carolina (d) $0.62 6 North Dakota (b, d) $0.40 17 Ohio (d) $0.18 34 Oklahoma (d) $0.40 15 Oregon $0.08 45 Pennsylvania $0.08 46 Rhode Island (c) $0.12 41 South Carolina $0.77 5 South Dakota $0.27 22 Tennessee (e) $1.29 1 Texas (d) $0.19 31 Utah (d) $0.41 13 Vermont $0.27 23 Virginia (d) $0.26 26 Washington (d) $0.26 25 West Virginia $0.18 35 Wisconsin (d) $0.06 48 Wyoming $0.02 50 
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AI and Technology Stocks
Depending where you get your news, you may have heard that AI is taking over the world and half the jobs currently held by humans. Is this a foregone conclusion? I have no idea. But I can say this much….if you aren’t at least researching some AI stocks to invest in, you could be missing a big opportunity.
As I’ve stated in the past, I am more into ETFs to reduce volatility in my portfolio….but that’s also because I’m not in my 20s anymore. But here are some things to consider:
What types of AI and technology ETF stocks are out there? Broad AI and Technology ETFs, Robotics and Automation ETFs, Generative AI ETFs, and Semiconductor ETFs just to name a few.
Within each segment, there are several to choose. Do you own research and due diligence as usual, but I can say this much: almost any one you choose will likely have a positive growth over the past 12 months on their charts.
If you are too lazy to spend lots of time doing your own research….you can probably just let AI do it for you!
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Eat and Drink Local
When I travel, it’s a complete no brainer to find the local brewery or distillery. A great way to immerse yourself in any new place is to eat and drink like the locals.
I’m looking forward to my upcoming trip to the Virgin Islands because I do love the cuisine. I’ll gladly eat everything from a high end restaurant down to the food truck parked on the side of the road. I also love to explore the food markets or vendors and discover fruits and vegetables that I have never seen before.
Now some of these may not be that rare for you…but in NJ, these fruits are not sitting in our supermarkets. I want to find and try some soursop, cocoplums, sea grapes, and a sugar apple. Anyone every tried these before? I hope I can find all of them and experience new flavors. At the very least, I hear the beers from Leatherback Brewing are available everywhere!
