Yesterday, Governor Mapp signed several news bills into law. The most controversial one, and the one that will presumably affect the majority of us the most, has been dubbed “the sin tax”.
When the Governor first released his sin tax plans a few months back, he called to increase the tax on a case of domestic beers from $1.55 to $11.55, the tax on foreign beers from $2.08 a case to $14.08 a case, and the tax on wine, spirits and other liqueurs to 10 percent of their value. Finally the Governor proposed a $30 per day tax on every timeshare unit for each day of occupancy in the Territory.
We heard that the numbers decreased a little bit prior to the signing of the bill, but as with most government things down here, the exact figures have been shrouded in secrecy. As soon as we know the exact figures and how it will affect bars and restaurants, we will certainly let you know.
The Governor thinks the sin tax is a great way to increase revenue in the territory, which pretty much relies on tourism. It’s pretty comical coming from a man who makes $150,000 a year to govern just over 100,000 residents and lives at the Ritz Carlton. Check out this great infographic courtesy of the Say No to Sin Tax USVI Facebook page. It really highlights how outrageous Mapp’s salary is when compared to other governors.
Again, we will keep you all posted on the numbers as soon as we know more. In the meantime, go grab a $1 happy hour beer while you can folks! 🙂