Analysis: Tax breaks on autopilot with little debate

Category: Politics

Publish Date: 01-15-2012 09:44 AM -0800

WASHINGTON (Reuters) - UK-based Diageo, the world's biggest liquor company that sells Captain Morgan's rum, is enjoying a $2.7 billion subsidy from the U.S. Virgin Islands, aided in part by a tax break rubber-stamped by Congress annually with little public debate.

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