Here's why:

* Acids release hydrogen ions (H+) in solution.

* Alkalines (bases) release hydroxide ions (OH-) in solution.

* Ethanol does not readily release either H+ or OH- ions in solution.

While ethanol has a hydroxyl group (OH), this group is not readily ionizable in the way that makes strong acids or bases.

However, it's important to note:

* Ethanol can react with very strong acids or bases, but this is a chemical reaction, not a simple acid/base property.

* Ethanol can be used to make acidic or basic solutions, but it's not the source of the acidity or alkalinity. For example, dissolving ethanol in water won't change the pH of the water.

Therefore, in general terms, ethanol is considered neutral in terms of acidity and alkalinity.