Twelve members of Iceland's Parliament have introduced a bill aimed at lowering the cost of alcohol in Iceland. The bill, which would privatize the liquor industry and was sponsored by members of three different political parties. The bill would lead to a 50% reduction in taxes on alcohol over three years and make beer and wine available through private shops and leave hard liquor under the jurisdiction of the government. On a related note, the price of aspirin is likely to spike sharply should this bill pass.