The hardworking staff never cribs its quotidian quotes from the New York Times, but for once we’ll make an exception.
From Saturday’s edition:
The A1 source:
Budget Problems? Kentucky and Elsewhere Find Answer in Bottle
LAWRENCEBURG, Ky. — Alcohol may not be single-handedly saving state and local budgets from the red, but it is certainly helping.
Consider Kentucky. Coal mines in parts of the state are struggling to stay open, but here among the gently rolling hills of horse country, bourbon is booming.
At the Wild Turkey plant, a new bourbon distillery is rising, the first built from the ground up here since Prohibition. Visits to the company’s tasting room, where guests can sip bourbon and gaze into a gorgeous valley, have doubled in the past few years.
The company paid over $778,000 in real estate and property taxes to Anderson County this year, twice what it paid in 2010, making it the biggest taxpayer by far. “We’re lucky to have them,” said Brian Stivers, the property valuation administrator for the county. “Without their expansions we would have probably had to raise the tax rate.”
Elsewhere, “changing consumer tastes and changes to state regulatory and tax policies have created a bull market in booze-related businesses.”
Thus, Garrett C. Peck’s quote above.