I think this is probably going to a cognac term "angel's share" which indicates the part of the cognac that evaporates during aging (usually about 2% per year). Still agree that it is a dumb article.

Quote Originally Posted by darylld911 View Post
I wonder if this was written by someone in the know as a joke to see how many Wall St types they can get talking "Angels Tax" (a term I've never heard before). And isn't it barley rather than hops that is part of the mashbill?