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Tax Dollars to British distiller for Captain Morgan rum

apdst

apdst

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I'm starting to think that PBO really is stupid. I used to think he was very intelligent, but had a screwed up agenda.

With little fanfare, a deal is moving forward to direct billions in U.S. tax dollars to an unlikely beneficiary -- the giant British liquor producer that makes Captain Morgan rum.

Under the agreement, London-based Diageo PLC will receive tax credits and other benefits worth $2.7 billion over 30 years, including the entire $165-million cost of building a state-of-the-art distillery on the island of St. Croix in the Virgin Islands, a U.S. territory.


Tax Dollars to British distiller for Captain Morgan rum -- chicagotribune.com
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Hey, if there's one unconstitutional expenditure I'm all for, it would be this one!
 
apdst said:
I'm starting to think that PBO really is stupid. I used to think he was very intelligent, but had a screwed up agenda.
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More partisan hackery by apdst. Did you bother reading the article you posted?

The key to the deal is a special tax collected on every bottle of rum sold in the United States -- some $470 million a year. The tax was first imposed in 1917 ,and most of the money is funneled back to the governments of rum-producing U.S. territories in the Caribbean to help create jobs, pay for local government services, and promote consumption of rum.
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You're blaming the president for something that has been happening since 1917. The rum tax going to rum producing caribbean territories owned by the US.
 
apdst said:
I'm starting to think that PBO really is stupid. I used to think he was very intelligent, but had a screwed up agenda.
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I'm struggling to see the link between PBO and the featured article?
 
PogueMoran said:
More partisan hackery by apdst. Did you bother reading the article you posted?



You're blaming the president for something that has been happening since 1917. The rum tax going to rum producing caribbean territories owned by the US.
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Obviously, it's you that didn't read the article, sir.
 
apdst said:
Obviously, it's you that didn't read the article, sir.
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I did read the article. You didn't obviously. What's happening has been pretty standard. A company gets tax benefits for moving into another territory. A company like walmart gets tax incentives everytime they move into a new city. The rum tax goes to help countries that have rum producing companies. This isn't something started by Barack Obama and this has happened since the tax was first introduced.
 
Infinite Chaos said:
I think PogueMoran says it pretty well for me.
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I don't get what his argument is. He wants Barack Obama to get involved in stopping business practices one minute then the next he doesn't want him involved in business. Which is it?
 
Apparently, PBO and the Captain make it happen... :2razz:



Oh...and real liquor comes from Lynchburg, every American knows that.
 
PogueMoran said:
I don't get what his argument is.
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"The buck stops here" - means that anything and everything can be blamed on the incumbent President?

From your favourite football team not winning the final to some established practice that nobody blamed any other US president for over the last 90+ years maybe?

Hows that for a first guess?
 
theangryamerican said:
Apparently, PBO and the Captain make it happen... :2razz:



Oh...and real liquor comes from Lynchburg, every American knows that.
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I much prefer to get my rocks off with Bacardi, but to each his own.
 
PogueMoran said:
I did read the article. You didn't obviously. What's happening has been pretty standard. A company gets tax benefits for moving into another territory. A company like walmart gets tax incentives everytime they move into a new city. The rum tax goes to help countries that have rum producing companies. This isn't something started by Barack Obama and this has happened since the tax was first introduced.
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I agree that this has nothing to do with Obama, but that doesn't mean that this proposal is a good idea.

As the article points out, this tax is generally used for things like social services. Now, much of it will be funneled to a multinational conglomerate.

Nevertheless, it's the USVI's call, it can do what it wants. I just don't want the money for those social services replaced with US general revenues.
 
Coronado said:
I much prefer to get my rocks off with Bacardi, but to each his own.
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As long as it floats your boat.

Behold, political debate in which we can all respectfully acknowledge each others views!






...and it only took the incorporation of alcohol to achieve it.
 
RightinNYC said:
I agree that this has nothing to do with Obama, but that doesn't mean that this proposal is a good idea.

As the article points out, this tax is generally used for things like social services. Now, much of it will be funneled to a multinational conglomerate.

Nevertheless, it's the USVI's call, it can do what it wants. I just don't want the money for those social services replaced with US general revenues.
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Agreed. The OP tried to make it somehow BO's fault. Long standing business practices. Now should he intervene in business?
 
Rum makes me puke and I bklame Obama for that. Lol
 
PogueMoran said:
Agreed. The OP tried to make it somehow BO's fault. Long standing business practices. Now should he intervene in business?
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It's PBO's show. Therefore, what goes down on his watch will be blamed on him. Now, either your argument is that he knows about it and refuses to do nothing; or he knows about it and is going to stand back while billions of dollars are used to subsidize a foreign company (again), while there's a 9.5% unemployment rate; or, he's too stupid to know what's going on in his government. Which is it?

Now, if the government were subsidizing Cabo Wabo, I would probably turn a blind eye to that.
 
apdst said:
It's PBO's show. Therefore, what goes down on his watch will be blamed on him. Now, either your argument is that he knows about it and refuses to do nothing; or he knows about it and is going to stand back while billions of dollars are used to subsidize a foreign company (again), while there's a 9.5% unemployment rate; or, he's too stupid to know what's going on in his government. Which is it?

Now, if the government were subsidizing Cabo Wabo, I would probably turn a blind eye to that.
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In other words, you are a typical right wing hypocrite.
 
PeteEU said:
In other words, you are a typical right wing hypocrite.
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In other words, if I told you what you were, I'd be given a 10 point DBAJ.

:roll:
 
apdst said:
It's PBO's show. Therefore, what goes down on his watch will be blamed on him. Now, either your argument is that he knows about it and refuses to do nothing; or he knows about it and is going to stand back while billions of dollars are used to subsidize a foreign company (again), while there's a 9.5% unemployment rate; or, he's too stupid to know what's going on in his government. Which is it?

Now, if the government were subsidizing Cabo Wabo, I would probably turn a blind eye to that.
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So in other words now you want him to get involved in business while at the same time bitching about the bailouts. You're entirely inconsistent in your reasoning. Obama doesn't have the power to repeal the rum tax that would be inherant on congress.

Okay so did you feel the same way about 9/11?
 
PeteEU said:
In other words, you are a typical right wing hypocrite.
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Right, and I'm sure that when Bush was in office, you were a staunch advocate of billion dollar tax breaks to multinational conglomerates seeking to move their companies to cheaper locations.

Let's be real: if this happened 3 years ago, odds are that you would have been the one to start the thread, or at least would have popped in to offer your thoughts about how corrupt America and the GOP are.
 
RightinNYC said:
Right, and I'm sure that when Bush was in office, you were a staunch advocate of billion dollar tax breaks to multinational conglomerates seeking to move their companies to cheaper locations.
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Governments use tax breaks or sweet deals to give incentives to companies to invest in deprived areas. It has always been like that. In this case we have a US colony that needs investment and the US government has chosen to allow this based on a 1917 law. Had it been under Bush it would be no different since he did not repeal the 1917 law.

Let's be real: if this happened 3 years ago, odds are that you would have been the one to start the thread, or at least would have popped in to offer your thoughts about how corrupt America and the GOP are.
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If it happened 3 years ago, I would be calling people hypocrites regardless.. 3 years ago, Bush was in power and the GOP had just had 6 years of absolute rule.. so you bet I would call these people hypocrites for being critical of the deal...you had the power to repeal the law... why did you not do so?

That is the whole problem with today's GOP.. on one side they say NO to everything and are critical of everything that is even touched by Obama, and on the other hand they accept things like stimulus money and what not and even go around praising themselves for bringing such money to their own state..... bringing things they publicly are against.. hypocrite alert!

And this is just another example. OP is hugely critical of Obama, as are others, but "forgets" to see that the law that made it possible is from 1917 and successive Republican lead governments including Bush and his absolute power for 6 years, have not only NOT repealed the law, but I would suspect that if someone dug a bit, most likely used this and similar laws to do exactly the same thing..

Hence the hypocrisy alert.
 
PogueMoran said:
I don't get what his argument is. He wants Barack Obama to get involved in stopping business practices one minute then the next he doesn't want him involved in business. Which is it?
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Here's the way it works: Anything Obama does is wrong. Anything he didn't do, he should have done. And anything that happens while he is President is his fault. Unless it's good, then it's not. Clear?
 
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