4 ms·

Don't forget Carnival Cruise Lines... which doesn't even pay any taxes in the US as a corporation since it flies a flag of convenience and doesn't employ many A

Don't forget Carnival Cruise Lines... which doesn't even pay any taxes in the US as a corporation since it flies a flag of convenience and doesn't employ many Americans.

wonderwonder 6y ago
I mean that's easily explained. The Saudis just purchased 8% of them. Wouldn't want the Saudis to lose money would you? /s
coderintherye 6y ago
Carnival did not get a bailout: https://thepointsguy.com/news/carnival-did-not-receive-bailout/ https://thepointsguy.com/news/carnival-did-not-receive-bailo...
- hjonb 6y ago
  The president and leader of the GOP wanted to give cruise lines, who are NOT paying federal taxes and fly foreign flags to dodge US taxes a giant bailout but give US cities some help? Hell no!
- DiogenesKynikos 6y ago
  You're right that they did not specifically bail out Carnival. They bailed out the entire junk bond sector, which allowed companies like Carnival to raise money much more easily.