At a meeting last week of the St. Bernard Parish Council, life-long shrimper George Barisich, President of the United Commercial Fishermen Association urged the council to pass a resolution that supports the exemption of commercial fishermen from paying taxes on BP settlement money.
After the St. Bernard council unanimously passed the resolution, Barisich said he would be taking the cause to Plaquemines and other parishes throughout the region to garner similar support.
The intent of the resolution is to give a push to State and Federal delegation to consider exempting victims of the oil spill of the commercial fishing industry from paying taxes on any settlement money. Before their vote Barisich explained to the council that as of now fishermen are expected to get paid out 40 percent of their loss for eight years.
But when the settlement money is doled out to fishermen that amount will be taxed the standard income tax rate of 35 percent.
"The money, if it stays in our hands, we can spend it down here," said Barisich.
"They're telling you you're getting paid for a 40 percent loss so the fishermen are assuming all the risk, if we get that 35 percent that we have to give President Obama, that money will help us stay down here."
Read the full story at the Plaquemines Gazette>>
National Fisherman Live: 9/23/14
In this episode:
'Injection' plan to save fall run salmon
Proposed fishing rule to protect seabirds
Council, White House talk monument expansion
Louisiana shrimpers hurt by price drop
Maine and New Hampshire fish numbers down
The Golden Gate Salmon Association will host its 4th Annual Marin County Dinner at Marin Catholic High School, 675 Sir Francis Drake Blvd., Kentfield on Friday, Oct 10, with doors opening at 5:30 p.m.
The Maine Lobster Marketing Collaborative is introducing its Chef Ambassador Program. Created to inspire and educate chefs and home cooks across the country about the unique qualities of lobster from Maine, the program showcases how it can be incorporated into a range of inspired culinary dishes.