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Robust Wagering, Safe, Top-Quality Racing Mark Return Of Keeneland Spring Meet - Horse Racing News


Robust Wagering, Safe, Top-Quality Racing Mark Return Of Keeneland Spring Meet
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A limited number of fans were permitted on-track during the 2021 Keeneland spring meet
Friday marked closing day of the 2021 Spring Meet in Lexington, Ky., featuring the return of a limited number of fans to the track, strong all-sources wagering fueled by quality racing led by champion Essential Quality s win in the Toyota Blue Grass (G2) and an emphasis on community initiatives in furtherance of Keeneland s philanthropic mission.
“We thank our fans, both near and far, the Central Kentucky community, our horseplayers, our corporate partners and our loyal horsemen for a fantastic racing season,” Keeneland President and CEO Shannon Arvin said. “Keeneland s continued success is built on the contributions of many, and we extend our appreciation to all those who make racing at Keeneland such a memorable experience.” ....

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Looming tax hike for craft breweries, distilleries adds to pandemic stress


Looming tax hike for craft breweries, distilleries adds to pandemic stress
and last updated 2020-12-18 20:00:10-05
The CBMTRA gives craft distillers, brewers, vintners, cider producers and mead makers a tax cut provides them with extra cash to reinvest into their businesses.
One of the provisions states that the CBMTRA reduces the federal excise tax to $3.50 per barrel on the first 60,000 barrels for domestic brewers producing fewer that 2 million barrels annually, according to the Brewer s Association.
Before, the federal excise tax was double the cost, at $7.00 per barrel.
The CBMTRA is set to expire on December 31. Therefore, on January 1, 2021, businesses would face a tax hike that doubles the federal excise tax on every barrel produced. ....

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