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Re: Not Sure
[Re: jphart]
#247325
02/11/2021 07:14 PM
02/11/2021 07:14 PM
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Joined: Jun 2005
Posts: 1,146 Louisiana
o2bnsxm
Traveler
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Traveler
Joined: Jun 2005
Posts: 1,146
Louisiana
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The Cruise Lines employ tens of thousands of US based employees. Carnival Corp. ~10 Brands ( Carnival Cruise Lines, Costa, Cunard, Seaborne, HAL, etc) is based in Doral Florida - greater Miami. Princess is based in California. Other major brands also based in Florida include Royal Caribbean/Celebrity, and NCL.
Although not paying corporate taxes, these firms provide a considerable tax basis in the United States and Florida through their employer taxes and the millions of dollars of taxes that their employees pay. They also have hundreds of vendors providing services, goods, and materials with their employees and respective taxes.
They are a major contributor to the economy of Florida, California, and other cities and states from which they operate. Corporate taxes are a minor portion of a company’s expenses. True, however if the Ships were registered in the US, they would probably get a little more support from the Govt here. It is quite obvious why they register the Ships elsewhere-to avoid taxes. I don't blame them for that. Let's hope this Covid mess is in our rear view mirror soon so that we may get on with a somewhat normal life. I really would like to start Cruising again.
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