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To: Fruitbat
The Dubai company is not burdened with all the onerous tax regulations, etc. that American companies are saddled with.

That's why the US companies got out of ports long ago.

And, thus, no bidding by any American company on this deal.

144 posted on 02/22/2006 7:27:22 PM PST by Siena Dreaming
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To: Siena Dreaming
And, thus, no bidding by any American company on this deal.

Well, you'd think that given the circumstances and the WOT, the government could have given some tax bennies or the like to make the contract more palatable. That's the kind of thing that has me raising eyebrows.

164 posted on 02/22/2006 7:42:21 PM PST by Fruitbat
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To: Siena Dreaming
The Dubai company is not burdened with all the onerous tax regulations, etc. that American companies are saddled with.

It's not a "Dubai company", it's the Dubai government. Tax and regulatory concerns disappear when the tax collector and regulator is the same authority operating the business.
191 posted on 02/22/2006 7:57:20 PM PST by BubbaTheRocketScientist
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