The higher liquor tax would mean a $227.8 million loss next year, he said.
In Canada and the United States, a liquor tax is placed on the sales of alcoholic beverages.
Look at higher liquor taxes, increased auto costs, rising apparel prices, other one-time events, they said.
The $15 difference goes to advertising in the United States, public relations, distribution, liquor taxes and mark-up required by state laws.
The government has tried lately to control drinking by raising liquor taxes.
It is largely made by hobbyists due to high liquor taxes, but used to be a prolific business during the prohibition.
He said he would balance the budget by using the Hawaii hurricane fund and raising the liquor tax.
In addition, the liquor tax imposed during his rule was also considered to contribute to a regressive tax mostly affecting the poor.
Dozens of liquor executives from across the country, eager to have the President's ear on health-care reform and liquor taxes, paid $5,000 for the chance.
In addition, steep liquor taxes make drinking - in and out of restaurants - more expensive still.