Posted on 06/28/2009 8:30:15 AM PDT by Sharkfish
[London-based liquor giant] Diageo, along with other companies such as Burger King Holdings, the builders of Nascar racing tacks and movie and television producers, are some of the unlikely beneficiaries of the emergency Troubled Asset Relief Program approved by Congress in the fall. As we know now (and even then) there was a lot of confusion surrounding the legislation with impending elections, threats of economic collapse and pressure from the Whitehouse, which enabled several hidden tax breaks for non-bank companies like the ones we listed above, reports Bloomberg.
Recall that in June of 2008 the U.S. Virgin Islands Governor John deJongh Jr. agreed to give Diageo billions of dollars in tax incentives if it moved production of Captain Morgan from Puerto Rico to St. Croix. Diageo complied and is now in the beginning stages of erecting a new Captain Morgan distillery (one that USVI is essentially funding with US taxes).
(Excerpt) Read more at winespiritsdaily.com ...
movie and television ....like the company DREAMWORKS? The 3 owners who fully support THE ONE???
Time flies when you’re having rum!
Diadeo controls the polling company that was MOST positive about Obama. Look it up, they were in RCP's combine.
Diageo, oops. But look it up...I gotta go to church now, bye
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