Florida Senator Heats up Rum War

Dear Client: A Florida senator adds the latest twist in the rum cover-over drama involving Diageo, Bacardi, US Virgin Islands and Puerto Rico. Florida Senator LeMieux has introduced an amendment to the Jobs Bill that would distribute rum tax excise funds to US territories based on population rather than the amount of rum they produce. Under current law, the US Treasury rebates most of the taxes collected on rum sold in the U.S. -- regardless of where that rum is