Proposed legislation would limit ability of US Caribbean territories to finance economic development projects
US Virgin Islands News
WASHINGTON, USA -- A Congressional Research Service analysis of the rum excise tax cover over program, from which Puerto Rico receives about $400 million annually and the US Virgin Islands about $90 million annually, finds that proposed legislation by the Puerto Rico Resident Commissioner would be detrimental.
Source: Caribbean Net News Daily Headlines: US Virgin Islands
More opinions appreciated on proposed legislation would limit ability of us caribbean territories to finance economic development projects this needs looking into now so there can be conceive or move ahead with discussion.