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Letter To The Editor
| 题名： | Letter To The Editor |
| 正文语种： | eng |
| 作者： | Colin Grabow |
| 作者单位： | Cato Institute Washington D.C. |
| 摘要： | Your April 7 editorial "Tax Incentive Expands to Include All Jones Act Vessels" praises the Capital Construction Fund's expansion as a measure to encourage the U.S. merchant marine's modernization and expansion. These are understandable and indeed worthy goals. It is difficult, however, to reconcile this position with The Waterway Journal's steadfast support of the Jones Act. Among the Jones Act's requirements is that vessels be constructed in U.S. shipyards. The significance of this burden is difficult to overstate given domestic prices for new vessels that-depending on the type-can be several times greater than those offered by overseas shipyards. The impact of allowing Americans to purchase vessels for a fraction of their current price on the U.S. merchant marine's size and age profile would dwarf that of the Capital Construction Fund's expansion. |
| 出版年： | 2023 |
| 期刊名称： | The Waterways Jouranl |
| 卷： | 137 |
| 期： | 4 |
| 页码： | 4-4 |
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