Quote Originally Posted by Dan Druff View Post
The foreign flagging of US-based cruise ships is such a tax scam, btw. Legal, but still a big tax scam.

If there is any aid to cruise lines, the US government should make two demands:

1) It's a loan, not a bailout

2) All ships must convert to US flags and stay that way for a minimum of 20 years


Also, the law should change requiring that all cruise lines with the majority of departures from US ports have US-flagged ships.

0.0% chance of that happening.

The tax advantage would be worth more than any loan they could get.

It’s not fair and it should be changed. Now probably isn’t the best time to address it.