Is Now the Time to Set Sail with Cruise Stocks?
Mizuho remains optimistic that fears of a cruise line tax hike are overstated, suggesting the scenario is unlikely to manifest soon. Commerce Secretary Howard Lutnick’s tax proposal on U.S. cruise operations stirred investor concerns, echoing a failed 2017 proposal. The brokerage believes any tax changes would require complex Congressional approval, delaying immediate implementation. Increased operational … Read more