Pierluisi bill ups the stakes in rum war

Marino, John
May 2009
Caribbean Business;5/7/2009, Vol. 37 Issue 18, p12
The article reports on the argument concerning the proposal of Puerto Rican Resident Commissioner Pedro Pierluisi to terminate rum rebate tax in the country and U.S. Virgin Islands. It reveals that Perluisi's move will result to the decline of funds provided by the government for the production of rum in the two countries. Pierluisi stresses that the provision of large amount of rebates to rum manufacturers pose negative impact to the economy.


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