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DeJongh to surcharge your income %10  

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MissJustice
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June 19, 2014 1:08 pm  

That is what he proposes to fill the budget gap created by
1. The loss of rum revenue after the Diageo deal rum war
2. Failing to collect property taxes for 5 years
3. His $7 million dollar a year reward to Hovensa for violating the contract and layoffs
4. The cost of matching the cover over from Cruzan bulk rum to Diageo's %46

Oldtart, the story is in the Daily News yesterday (I know you usually ask for sources.)
So, how now brown cows?


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CruzanIron
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June 19, 2014 1:14 pm  

That's what happens when you elect a Democrat!


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Linda J
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June 19, 2014 1:28 pm  

Does the governor have the power to do this? I think not.


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islandjoan
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June 19, 2014 1:46 pm  

Can someone post the link?

I don't see any mention of this yet on the Daily News online.


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CruzanIron
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June 19, 2014 1:52 pm  

There is no link. The daily news delays posting on line for 2 days or so.
You'll have to subscribe or read the paper.

Or you can read on line here

https://www.facebook.com/groups/stxthinktank/

Someone scans and posts the papers daily.


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islandjoan
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June 19, 2014 1:58 pm  

CruzanIron

Yeah I know the deal with the delay on the DN online.

I don't do facebook so I cannot read the link you posted.

I know there is a paid version of the DN that has current stories so I was hoping someone could post a link to that, or just the details of what the hell this surcharge is all about.


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CruzanIron
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June 19, 2014 2:04 pm  

I didn't know that you must have a FB account to view a page :S


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islandjoan
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June 19, 2014 2:16 pm  

It depends on whether the FB account holder set up their page to be public or private.

If it is public anyone can view it.

If it is private a window comes up telling you to log into your FB account to view the page.


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sunshinefun
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June 19, 2014 3:55 pm  

All property taxes for that five year period have been collected or are being collected. I received property tax bills for each and every one of those years and had to pay it. So, cross that one off your list MJ.

How about just the fact that the government is a massively over-staffed, incredibly inefficient organization that continues to exist only because they could borrow to make payroll. Now that they can't borrow, the time has come to axe a good portion of the deadwood collecting pay checks and find a better way to administer to the peoples needs.

Or, maybe Morgan Stanley will buy all our existing debt so they can loan us more so the government can continue to run as is.

Greece is the word!


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MissJustice
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June 19, 2014 6:26 pm  

That's what happens when you elect a Democrat!

Cute! A Democrat in name only (DINO)

But seriously, increasing taxes on everybody, not just government employees, in order to give tax breaks to billionaire companies like Hess and Diageo, smacks more of being a thinly closeted Republican. And he has bowed to give the unions a blood bath. DINO!


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CruzanIron
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June 19, 2014 6:31 pm  

He's still a Democrat. The Democrats in the Legislature are still Democrats.


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islandjoan
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June 19, 2014 6:56 pm  

Can someone post the story here with the details?


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CruzanIron
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June 19, 2014 7:09 pm  

There are no detals.

"GOTTLIEB LISTED SEVERAL SUGGESTIONS FOR WAYS TO MEET THE $57 MILLION HRESHOLD INCLUDING:
A 10% SURCHARGE ON INDIVIDUAL INCOME - $27 MILLION
."
That's it. That's all the paper said.


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islandjoan
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June 19, 2014 8:10 pm  

I'd like to see them try that one. You might very well see a revolt here, or a mass exodus, one or the other.


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CruzanIron
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June 19, 2014 8:21 pm  

This is not the first time this has been brought up.

The VI is broke, yet we are spending money to put a statue.


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MissJustice
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June 20, 2014 9:57 am  

The most expensive deadwood are Hovensa and Diageo.
Hovensa owed the government $500 million in true property taxes and damages. DeJongh decided to forego it.
And deJongh signed a bill into law giving tax payer money free to a tax cheating former hairdresser First Lady, Luz Luis. Deadwood on the payroll, I agree with you.


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STX46
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June 20, 2014 10:20 am  

It was in both papers yesterday


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MissJustice
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June 20, 2014 10:21 am  

Can someone post the story here with the details?

Here you go. How many of you still worship DeJongh after what he has proposed? Do you think he is such a great governor when you have to give him 10% of your income off the top? Like a tithe?

http://m.virginislandsdailynews.com/news/budget-battle-begins-as-dejongh-s-financial-team-testifies-at-senate-finance-committee-hearing-general-fund-budget-proposal-1.1705077

And by the way the senate has not agreed to do any of this. To date, DeJongh refuses to get rid of the numerous advisors and assistants and their cars and cell phones.


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CruzanIron
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June 20, 2014 10:26 am  

The most expensive deadwood are Hovensa and Diageo.
Hovensa owed the government $500 million in true property taxes and damages. DeJongh decided to forego it.
And deJongh signed a bill into law giving tax payer money free to a tax cheating former hairdresser First Lady, Luz Luis. Deadwood on the payroll, I agree with you.

We know about the deferred payent of the property taxes. Where does the rest of the 500 million come from?


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speee1dy
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June 20, 2014 4:19 pm  

a lot of states and counties have tax on income. would it be any different? i do not remeber the tax rate when i lived in md, but we had state tax-filed yearly like fed tax and county tax.


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islandjoan
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June 20, 2014 5:33 pm  

In the states they range from 2% to 7% - I'm not finding any as high as 10%

And I wonder why they don't call it an income tax, but a surcharge.

In the states at least you get something for the state tax you pay. Here it will just go the bloated gov't payroll.


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quirion
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June 20, 2014 6:51 pm  

California rate is pretty high. Depends on incoming.
From 1% to 12.3% + 49k
For earnings between $0.00 and $7,582, you'll pay 1.00%
For earnings between $7,582.00 and $17,976, you'll pay 2.00% plus $75.82
For earnings between $17,976.00 and $28,371, you'll pay 4.00% plus $283.70
For earnings between $28,371.00 and $39,384, you'll pay 6.00% plus $699.50
For earnings between $39,384.00 and $49,774, you'll pay 8.00% plus $1,360.28
For earnings between $49,774.00 and $254,250, you'll pay 9.30% plus $2,191.48
For earnings between $254,250.00 and $305,100, you'll pay 10.30% plus $21,207.75
For earnings between $305,100.00 and $508,500, you'll pay 11.30% plus $26,445.30
For earnings over $508,500.00, you'll pay 12.30% plus $49,429.50

gets to 9.3% pretty quick


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islandjoan
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June 20, 2014 7:06 pm  

Most people here probably make less than $39,384.00 and a lot probably less than $28,371


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MissJustice
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June 20, 2014 9:22 pm  

The most expensive deadwood are Hovensa and Diageo.
Hovensa owed the government $500 million in true property taxes and damages. DeJongh decided to forego it.
And deJongh signed a bill into law giving tax payer money free to a tax cheating former hairdresser First Lady, Luz Luis. Deadwood on the payroll, I agree with you.

We know about the deferred payent of the property taxes. Where does the rest of the 500 million come from?

A. $14 million is what they paid IN LIEU of property taxes. The actual property taxes is any where from $60-$90 million.
B. They also use our submerged lands in exchange for running a refinery and hiring people who in turn pay income tax.
C. They agreed to provide discounted oil to WAPA which they no longer do
D. All this they contracted to do until 2018.

In one swoop, DeJongh forgave that obligation.
He also rewarded them by DECREASING their taxes by $7 million.
And he now allowed them to operate a freestanding storage facility, dis-incentivizing any sale any time soon.


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CruzanIron
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June 20, 2014 9:44 pm  

.


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