Written by Jen Finn
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: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
The Gulf of Maine Research Institute is partnering with restaurants throughout the region for an Out of the Blue promotion of cape shark, also known as dogfish. Starting Friday, July 3 and running until Sunday, July 12, cape shark will be available at each participating restaurant during the 10-day event. Cape shark is abundant and well deserving of a wider market.
As a joint Gulf of Mexico states seafood marketing effort sails into the sunset, the program’s Marketing Director has left for a job in the private seafood sector. Joanne McNeely Zaritsky, the former Marketing Director of the Gulf State Marketing Coalition, has joined St. Petersburg, FL based domestic seafood processor Captain’s Fine Foods as its new business development director to promote its USA shrimp product line.