Recently, the Senate passed a new tax cut lowering the tax on alcohol that will take effect from December 31 of this year to December 31, 2019. The tax will lower taxes for alcohol production by about $4.2 billion over two years and reduces the cost of a bottle of alcohol by half. Rates will also be lowered by half for smaller alcohol companies.

Entrepreneurs have started their own alcohol companies with their own breweries to cash out from this and to make the most amount of money possible from the new law. While this can be a good thing that leads to financial growth, the law could have negative effects.

For one, people will want to buy more drinks because of the lower price. Since a bottle has become cheaper, someone who is addicted to alcohol might potentially buy more beer or liquor because they can get more alcohol for the same price, which could lead to more deaths that could be prevented.

While the new tax cut may lead to more people buying alcohol across the country, people should be aware of how much alcohol they drink, so they can avoid accidents and health issues that may arise.