Privatization Takes A New Angle in Washington
Here we go again. Described as a lobbyist and business consultant, Tom Luce is making a bid for the state-controlled spirits distribution in Washington, reports the Bellingham Herald. The paper says details are still coming but this is what they know so far. Under Tom's plan, he or another investor "could give the state as much as $300 million upfront - in exchange for the rights to operate the state-controlled liquor distribution system." They would also "seek a cut of the state liquor-monopoly's profit." Any company leasing the state system would receive about $45 million a year while spending about $18 million on operations, says the article.
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