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Analysis: Tax breaks on autopilot with little debate

By: Yossel in KING'S REVENUE | Recommend this post (0)
Mon, 16 Jan 12 3:37 PM | 216 view(s)
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Analysis: Tax breaks on autopilot with little debate

WASHINGTON (Reuters) - UK-based Diageo, the world's biggest liquor company that sells Captain Morgan's rum, is enjoying a $2.7 billion subsidy from the U.S. Virgin Islands, aided in part by a tax break rubber-stamped by Congress annually with little public debate.

Credit: Reuters/David Moir

Kim Dixon

WASHINGTON
Sun Jan 15, 2012 12:44pm EST

link-
http://www.reuters.com/article/2012/01/15/us-usa-taxes-autopilot-idUSTRE80E0DD20120115




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