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Thread: Tax Dollars to British distiller for Captain Morgan rum

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    Tax Dollars to British distiller for Captain Morgan rum

    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
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Hey, if there's one unconstitutional expenditure I'm all for, it would be this one!

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by apdst View Post
    I'm starting to think that PBO really is stupid. I used to think he was very intelligent, but had a screwed up agenda.

    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.
    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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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by apdst View Post
    I'm starting to think that PBO really is stupid. I used to think he was very intelligent, but had a screwed up agenda.
    I'm struggling to see the link between PBO and the featured article?

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by PogueMoran View Post
    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.
    Obviously, it's you that didn't read the article, sir.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by Infinite Chaos View Post
    I'm struggling to see the link between PBO and the featured article?
    Plausible deniability is going to be PBO's defense now?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by apdst View Post
    Obviously, it's you that didn't read the article, sir.
    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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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by apdst View Post
    Plausible deniability is going to be PBO's defense now?
    I think PogueMoran says it pretty well for me.

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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Quote Originally Posted by Infinite Chaos View Post
    I think PogueMoran says it pretty well for me.
    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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    Re: Tax Dollars to British distiller for Captain Morgan rum

    Apparently, PBO and the Captain make it happen...



    Oh...and real liquor comes from Lynchburg, every American knows that.
    "Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it." - Judge Learned Hand

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