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![]() Under an agreement, London-based Diageo PLC — the world's biggest distilled spirits maker — will receive tax credits and other benefits worth $2.7 billion over 30 years, including $165 million to build a distillery on the island of St. Croix in the Virgin Islands, a U.S. territory.
Captain Morgan is currently produced in Puerto Rico, also a U.S. territory, and officials there say as many as 300 workers making Captain Morgan will lose their jobs if Diageo moves its operations to St. Croix, according to the Tribune. Virgin Islands officials say the move will bring up to 70 jobs to St. Croix. "It's insulting that the money we give is essentially paying for a foreign corporation to move from one U.S. location to another, while cutting jobs," said Ellis. ![]() ![]() http://www.newsmax.com/insidecover/o...01/255053.html
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