Policy Impact Analysis - 117/S/5187

Bill Overview

Title: A bill to amend the Harmonized Tariff Schedule of the United States to provide a uniform 8-digit subheading number for all whiskies.

Description: This bill revises chapter 22 of the Harmonized Tariff Schedule of the United State to provide uniform rates of duty for all whiskies.

Sponsors: Sen. Cassidy, Bill [R-LA]

Target Audience

Population: People who consume, produce, or trade whiskey internationally

Estimated Size: 15000000

Reasoning

Simulated Interviews

Whiskey Distillery Worker (Louisville, KY)

Age: 34 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • I think this policy could standardize pricing, which helps us stay competitive internationally.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 6
Year 3 7 6
Year 5 7 5
Year 10 6 5
Year 20 5 5

Bar Manager (New York, NY)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 3/20

Statement of Opinion:

  • If the prices stabilize, I might be able to offer better deals to my customers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 6 5
Year 5 6 5
Year 10 5 5
Year 20 5 5

Whiskey Importer (San Francisco, CA)

Age: 41 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 1/20

Statement of Opinion:

  • I need to see how the uniform rates are set. It could either help us or hurt us.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 6 5
Year 10 5 5
Year 20 5 4

Whiskey Enthusiast (Chicago, IL)

Age: 55 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 2.0 years

Commonness: 9/20

Statement of Opinion:

  • As long as it doesn't make my whiskies more expensive, I'm okay with it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 7
Year 3 7 7
Year 5 7 6
Year 10 7 6
Year 20 6 5

Marketing Director at Spirits Company (Seattle, WA)

Age: 32 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 2/20

Statement of Opinion:

  • This will affect our marketing strategies depending on pricing outcomes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 5
Year 5 6 5
Year 10 5 5
Year 20 4 4

Restaurant Owner (Austin, TX)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 3/20

Statement of Opinion:

  • Stable costs might make it easier for me to plan long-term menus.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 5
Year 10 5 5
Year 20 5 4

Whiskey Blogger (Nashville, TN)

Age: 28 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • This might generate more stories if it reshapes the whiskey market.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 6
Year 5 6 6
Year 10 5 5
Year 20 5 4

Distributor (Miami, FL)

Age: 50 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 2/20

Statement of Opinion:

  • It depends on how the policy affects foreign brands we distribute.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 5 5
Year 5 5 5
Year 10 5 4
Year 20 4 4

Whiskey Producer (Boston, MA)

Age: 62 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 1/20

Statement of Opinion:

  • Lowering tariffs might improve our competitiveness abroad.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 6
Year 3 7 6
Year 5 6 5
Year 10 5 5
Year 20 5 5

Tourism Operator (Denver, CO)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • If tariffs make certain whiskies more affordable, my tours could offer more variety.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 6
Year 5 6 5
Year 10 5 5
Year 20 5 5

Cost Estimates

Year 1: $2000000 (Low: $1500000, High: $2500000)

Year 2: $1500000 (Low: $1000000, High: $2000000)

Year 3: $1000000 (Low: $500000, High: $1500000)

Year 5: $500000 (Low: $250000, High: $750000)

Year 10: $250000 (Low: $100000, High: $400000)

Year 100: $100000 (Low: $50000, High: $200000)

Key Considerations