How the Republican Tax Overhaul Would Benefit StarKist's American Samoa Tuna Cannery
SEAFOODNEWS.COM [The Wall Street Journal Online] By Richard Rubin - November 28, 2017
WASHINGTON—While partisans squabble over whether the Republican tax overhaul in Congress benefits the middle class or the wealthy, part of the proposed legislation is going over swimmingly in Pago Pago.
The House plan, which would reinstate a tax break for a tuna cannery in American Samoa's capital city, could provide about $10 million a year to StarKist Co., the territory's largest private employer.
In addition to netting gains for Samoan tuna, lawmakers have festooned the 450-page House bill and its 515-page Senate counterpart with provisions involving microbreweries, bicycle commuters, orange growers in Florida, volunteer ...
To Read Full Story Login Below.