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[-] dariusj18@lemmy.world 3 points 4 months ago

No, it's not that PR has taxes on their rum in PR, it's that all rum sold in the US that originated from PR has a tax that gets sent to PR. It comes to hundreds of millions of dollars per year.

https://www.ecfr.gov/current/title-27/chapter-I/subchapter-A/part-26

Of course I am having trouble really figuring out how much of a loss that would be to them. It's obviously very complicated to determine how much monies would end up coming in from Federal programs for states vs programs created specifically for them.

[-] PhlubbaDubba@lemm.ee 1 points 4 months ago

Can't they just tax the production and pass that to the consumers?

[-] dariusj18@lemmy.world 2 points 4 months ago* (last edited 4 months ago)

Then all the distilleries move to the USVI.

[-] PhlubbaDubba@lemm.ee 2 points 4 months ago

Would USVI even have the space for that? They're not exactly a territorial giant.

[-] dariusj18@lemmy.world 2 points 4 months ago

Probably. They poached Captain Morgan from PR, and they already have Cruzan.

https://www.npr.org/2024/03/15/1197958469/rum-wars-puerto-rico-virgin-islands-captain-morgan

this post was submitted on 04 Jul 2024
1059 points (99.2% liked)

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