FAIRBANKS, AK LOOKING TO HIKE ALCOHOL TAX 10%.

Fairbanks, Alaska wants to double its alcohol tax to help combat a $2 million shortfall in next year's city budget, according to a repot by the Associated Press. The plan would increase the tax on alcoholic drinks, beer, wine and spirits from 5% to 10% in the city. As you would expect, the plan would apply to restaurants, general stores, bars and liquor stores that sell alcohol inside the city limits, but does not apply to wholesale sales.