Largest Cruise Lines May Be Shut Out of Coronavirus Stimulus Bill

submitted by Nemacolin from (maritime-executive.com)

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[–]Nemacolin[S] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

Seems to be good news.

The largest cruise operators may be shut out of the business assistance provisions in the $2 trillion coronavirus relief package passed by the U.S. Senate on Wednesday, based upon the final language in the bill.

The relief bill is by far the largest stimulus package ever passed in the U.S., and it includes about $500 billion in loan assistance for large American businesses. After complex three-way negotiations between the Republican and Democratic leadership in Congress and the Trump administration, the bill contains language restricting assistance to only those companies which are organized in the United States and have the majority of their workforce based in the U.S. The three largest cruise operators are headquartered in the U.S., but they are incorporated in foreign countries, have large foreign workforces aboard their vessels and are substantially exempt from paying U.S. taxes.

[–]cant_even 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Oh, boo hoo! Let's see how much unemployment they get from these governments, where the tax-dodging corporations actually operate.

[–]Canbot 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Well they do register in foreign countries to avoid paying taxes in the US so none of them should be getting anything.

[–]Malki 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Probably only because he would have to also pay people who aren't American and he's a racist.

[–]Nemacolin[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (2 children)

Who is "he?" They don't pay American taxes, why should they get taxpayers' money? If these companies go bankrupt new companies will take over the business no muss, no fuss.

[–]Malki 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (1 child)

Yea because it doesn't matter at all to try to work as one people across the globe. Just fuck anyone who isn't American isn't human. Exactly the type of thinking that created covid.

[–]Nemacolin[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

"Created" Covid? Please do go on. You have my complete attention.

[–]asg101 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Any business that pays zero U.S. taxes should get zero U.S. taxpayer funds. Let Panama or whatever off-shore tax haven they fly the flag of bail them out.