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In mid February 2017, the USVI was facing a financial crisis due to a very high debt level of $2 billion and a structural budget deficit of $110 million. The government introduced a "sin tax" bill that would introduce or increase taxes on rum, beer, tobacco products and sugary drinks, as well as internet purchases and timeshare unit owners.
For example, if your tax bill is $2,200 and you pay nothing, you’ll accrue interest and penalties on the entire amount. But, if you can afford to pay $1,100 now, you can cut your interest and ...
The U.S. Virgin Islands legislature has 15 seats: 7 seats are for the Saint Croix District, 7 seats are for the Saint Thomas and Saint John District, and one seat is for someone who must live in Saint John. [2] The U.S. Virgin Islands have no municipalities; the only government is for the territory as a whole. [4]
As of 2019, the USVI courts apply both American common law [58] and the 2019 US Virgin Islands Code as passed by the territorial legislature. Because the USVI is not a state and Congress has not determined otherwise, the federal district court is an Article IV tribunal , subject to the authority of the United States secretary of the interior ...
This is a list of U.S. Virgin Islands locations by per capita income. In the 2010 U.S. Census , the U.S. Virgin Islands had a per capita income of $21,362 and a median household income of $37,254. [ 1 ]
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The Legislature of the Virgin Islands is the territorial legislature of the United States Virgin Islands. The legislative branch of the unincorporated U.S. territory is unicameral, with a single house consisting of 15 senators, elected to two-year terms without term limits. The legislature meets in Charlotte Amalie on the island of St. Thomas.