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Taxes Impacting Wine Business
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Bottlenotes CEO Alyssa Rapp on high taxes in California's impact on the wine industry and the e-commerce industry.
- Duration 3:32
- Date Dec 18, 2012
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Bottlenotes CEO Alyssa Rapp on high taxes in California's impact on the wine industry and the e-commerce industry.
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Take the INS California conserve up to talk about -- high taxes in Cali have some companies packing up and moving other states.
That's fine and -- what do you do when you're tied to the land.
California's wineries which produce up to 90% and US wine and impact more than 300000.
Jobs in California -- to be serious hit.
A -- -- founder and CEO of e-commerce site -- notes dot com.
Joins us now with more actually that's not -- -- -- e-commerce anymore you are more of -- media company media platform you started out e-commerce exactly and then because some.
And closing California regulation actually picketed through media company and now with.
Her unsuccessful as such but we consider going back in e-commerce but we haven't yet seen on cell want not today so right now in Europe considered in the top -- Top 100 influential influential people in the -- -- 123 you go -- thanks.
The goal.
So so that -- -- you are in touch with what's going on in the wine world what are these guys -- I mean they move their vineyards mother nature bless this part of the country.
They can't move that -- Absolutely and as a super majority in California now -- pre election and so people actually anticipate higher taxes if not regressive taxes.
So I think it's actually a little scary at a time we've I'm from Chicago originally we talk I'm moving the businesses -- Illinois potentially.
It's it's it's -- time where I don't necessarily believe that the state of California's friendly small business and it's certainly.
As far as sign on the research I've done honestly friendly to wineries who are who as you say can't move who bring in I mean 61 point five billion dollars absolute from the wind changed absolutely and then -- -- -- because those guys cannot move they will end up picking picking up -- -- I agree with you completely.
Let's talk about now this whole e-commerce business with -- there was so many cross border issues with delivery and stuff is that's still really hard for the -- this difficult you know shipping wine and in the US is like -- fifty different countries even though we are the United States of America and it's on the part of the burden is on the winery.
To actually figure out which states which they can and cannot ship and make sure their one is compliant to ship -- those states -- to huge tax burden.
It's -- -- regulatory burden and it's one I absolutely believe should be lifted for California wineries and it's not at this point.
No you had his athlete there is no universal policy about universally acceptable shipping rates -- each state has its own rules which is crazy.
We took about this content as king at commerce now because that's kind of what's you're moving in towards absolutely so you said no we didn't start -- e-commerce we might go back there but this trend -- tennis commerce is really interesting just this week.
One king's plane announcing that it had raised up to fifty million dollars including Scripps network.
As in Food Network right I know -- rent the runway the Netflix for high fashion had raise money from Conde Nast publications earlier this year this is a trend where big media companies.
Are investing in traditional e-commerce sites which says to -- the big media companies know that they need to diversify their business model.
Not just be an average case advertising based business model but also potentially commerce sent to sell stuff to is basically what was exactly so.
They now -- -- the ability to sell stuff through one Kingsley and home furnishings.
And that sort of what makes you like this Big Brother -- kind of but I think it more more.
Kindly said it's.
Taking that the view that we are here to educate and entertain consumers about specific verticals and we expertise in those verticals and our readers of vogue or -- -- viewers of the Food Network actually have a passion for luxury goods and and a passion for and -- the -- lifestyle.
And they want to get more of it so why don't we help them get.
Both do so through con and Thomas the community that with bottom let's -- so let's wrap your ups and thank you think perhaps me.