That story is very poorly worded and doesn’t do a good job of explaining the issue.Fish filet supply threatened
Shipments of these products between two US ports have to use US ships. Suddenly it’s being enforced to the tune of $350M in fines issued. Now it’s all being held up in warehouses while the legal battle is fought. Why did the government pick now as the time to get serious about this? Republican governor asking Biden for assistance as it is damaging the economy.
I'm guessing that using foreign flagged ships to sail around north of Canada is much cheaper than using truck/train to ship from the west coast to the east coast. And probably a good bit cheaper than using American flagged ships to do the same and bring it straight into a US port on the east coast. Look up "Flags of Convenience"To make the fish thing even more confusing they are caught in Alaska and then end up in cold storage on the east side of the continent in New Brunswick Canada
Why not ship them to Seattle on American ships? Sounds like they have been spending millions to avoid the pennies extra per pound to ship them to the west coast of the US on American ships.
Judge rejects Bering Sea seafood companies' request to block penalties for alleged violations of federal shipping law
The seafood companies said U.S. Customs and Border Protection had threatened them and other businesses in their supply chain with penalties exceeding $300 million.www.alaskapublic.org
Another article said this has been done since 2000, so 20ish years. But they changed the railroad ride from 20 miles to 100 ft in 2012.The quote about “unexpected” makes me think they’ve been doing it a certain way and now it’s suddenly a problem.
Ya that’s called an abusive tax shelter and is illegal. Someone should have stopped this years ago. This company is giving away jobs that by law have to be done by American companies to foreigners, not cool then and not cool now.I'm guessing that using foreign flagged ships to sail around north of Canada is much cheaper than using truck/train to ship from the west coast to the east coast. And probably a good bit cheaper than using American flagged ships to do the same and bring it straight into a US port on the east coast. Look up "Flags of Convenience"
Another article said this has been done since 2000, so 20ish years. But they changed the railroad ride from 20 miles to 100 ft in 2012.
A new $350 million Bering Sea fish fight could hinge on a miniature Canadian railroad
The quickly escalating saga involves Donald Trump’s personal lawyer. And it stems from the way that one of Alaska’s biggest fishing companies, American Seafoods, is using an exemption in the federal law that typically allows only U.S. ships to move cargo between U.S. ports.www.alaskapublic.org
Using a legal exemption to avoid paying taxes is illegal? And it wouldn't surprise me if quite a few of the jobs that by law have to be done by American companies, are in fact being done by American companies. Just that their ships are flagged under another country. There are reasons why Panama has the largest flagged ship registry in the world, larger than the US and China combined.Ya that’s called an abusive tax shelter and is illegal. Someone should have stopped this years ago. This company is giving away jobs that by law have to be done by American companies to foreigners, not cool then and not cool now.
Glad we had a stick burner installed when we had the house redone a little while back. Location of it is far from the best, but better than nothing. Wouldn't mind seeing about installing an outdoor wood fired boiler though.Looks like the fedgov is admitting that heating cost are out of control.
Lets go Brandon!
Thanks to Biden's policies, prepare for a cold, expensive winter
One of the wonders of the modern age is that fossil fuel allows us to avoid freezing in the winter and overheating in the summer. Climate change fanatics, however, who ignore that the Earth's climate has cycled endlessly between hot an...www.americanthinker.com
A scheme meant solely to avoid taxes without adding value to goods is an illegal tax shelter yes.Using a legal exemption to avoid paying taxes is illegal?
I'm not sure Andrea has a good handle on oil & gas. Alberta tar sands have little to do with increasing demands for natural gas this winter or the shortfall in coal supplies in China.Looks like the fedgov is admitting that heating cost are out of control.
Lets go Brandon!
Thanks to Biden's policies, prepare for a cold, expensive winter
One of the wonders of the modern age is that fossil fuel allows us to avoid freezing in the winter and overheating in the summer. Climate change fanatics, however, who ignore that the Earth's climate has cycled endlessly between hot an...www.americanthinker.com
A scheme meant solely to avoid taxes without adding value to goods is an illegal tax shelter yes.
what value does putting the fish on a 100 foot railroad add to the goods? by using a foreign flagged vessel instead of a domestic one they are dodging all kinds of taxes that American ship/companies pay to Uncle Sam.
so yes this is an illegal tax shelter. I always ask myself “ as a non privileged middle class citizen, if I did X action would I be locked up or fined for it?” The answer here is a resounding “yes, if my small business did something like this the IRS would probably send the swat team”.
Well I guess your bias is the gold standard here on INGO.I'm not sure Andrea has a good handle on oil & gas. Alberta tar sands have little to do with increasing demands for natural gas this winter or the shortfall in coal supplies in China.
But, if it fits the confirmation bias, I guess that doesn't matter......
Dang, I've known people who got legally married simply for the tax break. Should they be punished? After all what value did that piece of paper add to their relationship?A scheme meant solely to avoid taxes without adding value to goods is an illegal tax shelter yes.
what value does putting the fish on a 100 foot railroad add to the goods? by using a foreign flagged vessel instead of a domestic one they are dodging all kinds of taxes that American ship/companies pay to Uncle Sam.
so yes this is an illegal tax shelter. I always ask myself “ as a non privileged middle class citizen, if I did X action would I be locked up or fined for it?” The answer here is a resounding “yes, if my small business did something like this the IRS would probably send the swat team”.
I won't say I'm in support of higher fuel costs for my home. Nope.Well I guess your bias is the gold standard here on INGO.
The trucking issue with California LA ports, ie the Port of Los Angeles (POLA) and the Port of Long Beach (POLB), is that all semi tractors have to be current with new California emissions standards. As a consequence, that mean trucks cannot be older than 3 years if they are to pick up or deliver containers at those ports. This issue wipes out approximately half of the fleet trucks used to move containers in/out of the port. Operating the port 24/7 will not cure the issue, because all it does is pile up more containers that sit idle as they await a limited number of trucks to pick them up. THIS is the central issue.