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More Bull **** We Pay For


Dean Cain

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Given this would have been the lead story had that ex cop not gone postal I thought I'd do some research on the rescue operation of the burned out cruise ship & who picks up the tab. You'll never guess right on this one...

 

"Cruise lines have no obligation to pay the Coast Guard or other U.S. federal agencies for services like this. Most people don't know this. Many people also don't realize that the cruise industry pays no U.S. federal taxes because companies like Carnival and Royal Caribbean are registered in foreign countries like Panama and Liberia and fly the flag of countries like the Bahamas. The industry collects around $35 billion a year, mostly from tax-paying U.S. citizens. But unlike you or me, the cruise lines are essentially exempt from paying the U.S. government anything on all of the billions and billions it collects each month."

 

http://www.cruiselaw...istress-you-do/

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