All Hokie, All the Time. Period. Presented by

The Lounge Board

Joined: 01/01/2005 Posts: 1929
Likes: 891

1000+ Posts

Board Member 15+ Years

500 Likes

250 Likes

100 Likes

What's this?

Uh, no. The profit from ABC is a very small part of the state budget.

$200 million in profits from sales in a $67 billion budget is .2%. Hardly enough to move the tax rates. If it were privatized, the sales taxes would be the same and there would be business taxes from private liquor stores that could lessen the impact.

The state could declare a monopoly on drywall and make even more money.

(In response to this post by `lag)

Posted: 08/06/2020 at 4:32PM

+0

PREV REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

Ha! ABC cancelled the 20% off sale yesterday, their site couldn't handle it -- Hurley09 08/06/2020 08:51AM

Interesting wording, this is a tech issue... -- `lag 08/06/2020 09:57AM

Happens to Apple after they release a new device -- HokieForever 08/06/2020 10:07AM

Whoever wrote this should be hired bt VT Athletics for head of PR. ** -- Femoyer Hokie 08/06/2020 09:00AM

The VT PR person was too busy trying to complete their sale in their ABC -- ElbertoHokie 08/06/2020 09:37AM

Lived in VA for 35 years now and still do not see the reason why the state -- KeithHokie89 08/06/2020 08:56AM

When WV got out of the ABC biz they auctioned off a distributor license for -- Baltimore Hokie 08/06/2020 09:43AM

How much did he pay for it? ** -- Jackie VT 08/06/2020 10:01AM

I have no idea but I imagine it was expensive -- Baltimore Hokie 08/06/2020 10:05AM

Because Y'all are heathen, and god decreed that no one shall profit on the -- Late 80s Hokie 08/06/2020 09:38AM

Strictly speaking, prohibition was never repealed, it was returned... -- `lag 08/06/2020 09:35AM

All states regulate acl sales..most just don't do it by controlling it -- Vienna_Hokie 08/06/2020 09:53AM

Not arguing the goodness of VAs policies just that idea.. -- `lag 08/06/2020 10:09AM

I remember that counter too...then they moved down to East and Maple -- Vienna_Hokie 08/06/2020 10:54AM

OMG, Penguin Feather! ** -- `lag 08/06/2020 4:04PM

$$$ ** -- reestuart 08/06/2020 09:03AM

Get you twice. Higher prices w/out competition and then tax the higher -- RhinoVT 08/06/2020 09:19AM

Brilliant!!! ** -- reestuart 08/06/2020 09:32AM

That's why I buy my alcohol on base. ** -- EDGEMAN 08/06/2020 09:20AM

Yep. Voluntary taxation. ** -- Beerman 08/06/2020 09:14AM

Prefer voluntary vs mandatory ** -- HokieForever 08/06/2020 09:15AM

Yeah, state tax rates would go up if the state divested ABC stores... -- `lag 08/06/2020 09:50AM

Uh, no. The profit from ABC is a very small part of the state budget. -- KeithHokie89 08/06/2020 4:32PM