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May 6, 2009
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- Tax money diverted from port maintenance
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- By Nathaniel Lukefahr
The Facts-
- FREEPORT - Domestic seaports provide millions of jobs and
infuse the economy with billions of dollars, but local and national
port officials say constraints placed on the industry at the federal
level have them losing ground to foreign competitors.
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Occupants of every U.S. port are subject to the Harbor Maintenance
Tax, which was created by Congress in 1986 to make money the U.S.
Army Corps of Engineers can use to maintain navigation channels. The
amount is based on how much tonnage is brought into ports
......
Read more on The Facts
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