St. Patrick's Day Drinking Could Be Boon For Tax Revenue [GRAPHIC]

03/14/2012 05:23 pm ET
  • The Huffington Post

With St. Patrick's Day falling on a Saturday this year, the greenest of holidays might be getting a little more raucous than usual. And by raucous, we mean, well, drunk.

St. Patrick's Day is the second booziest of holidays, just following Mardi Gras, according to the infographic below from tax preparation company H&R Block. Consumers are expected to spend $4.6 billion on St. Patrick's Day , making the holiday a boon for alcohol tax revenue.

As for this Saturday, it's estimated that 54 percent of Americans will celebrate St. Patrick's day in one form or another, according to the National Retail Federation. With so many revelers, the day may be a big one for vendors selling everything from liquor to "Luck O' The Irish" hats.

But, given Ireland's tumultuous past, it's best to know your history before hawking St. Patrick's Day-themed swag. Already both Nike and Urban Outfitters have been in trouble with Irish-American groups for promoting insensitive products.

Check out the infographic from H&R Block below to see how the St. Patrick's Day will impact alcohol tax revenue:

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