Navy plans to implement tax in fiscal year 2019 across all programs

By Lee Hudson / August 21, 2017 at 8:36 AM
The Navy plans to institute a procurement tax across every program in the fiscal year 2019 budget, according to multiple sources. The funds from the tax will be used to pay internal service bills. These monies will not be used for new projects or for chief of naval operations priorities, one Navy source said. A procurement tax would provide Navy leadership with money to reallocate to programs that realize they need additional funding after the budget is finalized, Bryan Clark,...

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