Posted on 11/30/2010 8:30:01 PM PST by ruralvoter
Fiji Water, owned by part-time Aspenites Lynda and Stewart Resnick, has suspended operations at its bottling plant on Viti Levu, the largest of the Republic of Fiji’s islands, after the Fijian government dramatically hiked taxes on the company.
Fiji has been ruled by a military junta since 2006 and on Friday, the government announced that starting in 2011, any company that extracts more than 3.5 million liters (920,000 gallons) of water a month would pay a tax of 15 cents per liter, up from the current .11 cents — a 45-fold increase.
Fiji Water is the only company on the island that extracts that much water. The company has sold over 1.1 billion bottles of water since 1996 and 90 percent of its business has been in the U.S.
(Excerpt) Read more at aspendailynews.com ...
Our local news had on a story about unemployment and food inflation, and showed a guy without a job who had been to buy groceries, and their point was that he felt he was able to purchase a much smaller volume of groceries for the same amount of money these days.
But what was the most prominent item in their shot of his goods? A case of bottled water. I’m assuming he lives in town so has access to the same tap water I do. Yet a guy without a job chooses to spend his money on bottled water. Oh well...
Oh darn, great bottle design is wasted now? Loved that bottle.
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