Monopolies in the Philippines (1965–1986) granted PD 1468, which declared the money as private and prevented any government audit. Cojuangco bought San Miguel Corporation (SMC) with the funds from the Coco levy. SMC is one of the oldest and largest beer, food, packaging and livestock conglomerate in the Philippines. President Marcos gave favors to SMC once Cojuangco became its head. Taxes were raised for liquor and cigarettes in January 1986, but excise taxes on beer went down. Beer is one of the main products of SMC, which helped the corporation save as much as $40 million that year. When Marcos was President, he often wrote
Beer in the United States the changes may spread to the beer industry as well. Beer in the United States Beer in the United States is manufactured by more than 3,000 breweries, which range in size from industry giants to brew pubs and microbreweries. The United States produced 196 million barrels () of beer in 2012, and consumes roughly of beer per capita annually. In 2011, the United States was ranked fifteenth in the world in per capita consumption, while total consumption was second only to China. Although beer was a part of colonial life in the United States, the passing of the Eighteenth Amendment