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Tipsheet

Samuel Adams Boycotted by Massachusetts Mayor

Samuel Adams Boycotted by Massachusetts Mayor

Jim Koch, co-founder of Boston-based beer company Samuel Adams, praised President Trump’s tax cut plan during a New Jersey dinner last week when he said that the tax cut plan has allowed his company to compete with other foreign breweries. 

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Jim Koch co-founded Samuel Adams in 1984 and was one of 13 executives who met with President Trump on August 7th. Among the executives who met with Trump were top leaders from FedEx and PepsiCo, reported Fox Business. 

“When I started Sam Adams, American beer was a joke, and it pissed me off.  And now, American brewers make the best beer in the world.  And the tax reform was a very big deal for all of us, because 85 percent of the beer made in the United States is owned by foreign companies. I mean, Americans — I’m the largest American-owned brewery at 2 percent market share. We were paying 38-percent taxes … and competing against people who were paying 20,” said Koch according to the White House transcript.

Joseph Curtatone, mayor of Mayor of Somerville, Massachusetts, is now boycotting Samuel Adams following the statements by Koch. Samuel Adams is one of America’s largest microbrewers. If the boycott becomes a trend it could financially devastate the company. 

Curtatone then took to Twitter to express his sentiments. 

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The response on Twitter was mixed.

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"A representative for Mayor Curtatone’s office told Boston.com he was out of the country, and would not be providing further comment," reported Fox News on Tuesday.

Mayor Curatone responded Tuesday with a tweet. 

 

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