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Sunday Liquor Sales In Colorado Lead To Extra $2 Million In Tax Revenue For State

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The Distilled Spirits Council reported yesterday that Sunday liquor sales have helped Colorado's alcohol tax revenues grow 6 percent over the past year, though local liquor stores are split on whether the expanded hours are anything to toast.

Colorado State Treasury's data shows that liquor, beer and wine tax revenues increased by $2,056,858 in the 12 months following July 1, 2008, when the bill allowing Sunday liquor sales went into effect. Although the data doesn't separate the tax revenues generated by liquor stores from bars and restaurants, the Distilled Spirits Council -- a group that represents a majority of distilled spirit companies -- says that since more than 75-percent of that tax revenue comes from liquor stores, and because Colorado restaurants and bars have seen their revenues drop in the past six months, it's credible to say that liquor stores played a big role in that 6-percent tax revenue increase.

Read the whole story at The Denver Daily News