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usvi government imposed 2017 timeshare fee
#125783
03/29/2017 11:00 PM
03/29/2017 11:00 PM
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Joined: Dec 2002
Posts: 557 laguna beach, ca
beachmi
OP
Traveler
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OP
Traveler
Joined: Dec 2002
Posts: 557
laguna beach, ca
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does anyone know more about this? we just got an email from marriott on it. we will be charged an additional $25 per day so (we are now retired) we can no longer enjoy 2 weeks on island(s).. what is the government losing by us (and many others!) not staying longer? i don't understand???
summer is my fillosophy ;-)
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Re: usvi government imposed 2017 timeshare fee
[Re: LocalSailor]
#125785
03/30/2017 09:09 AM
03/30/2017 09:09 AM
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Joined: Oct 2012
Posts: 308 Tampa, FL
denverd0n
Traveler
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Traveler
Joined: Oct 2012
Posts: 308
Tampa, FL
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Okay, I don't want to get too political, but this is kind of a political issue anyway, so...
Legislators have a huge blind spot when it comes to taxes. They seem to just assume that everyone will gladly pay new taxes, and that no one will ever change their behavior as a result of a tax increase. I live in Pasco County Florida. The county commission recently discussed increasing the gas tax. Their calculation was, X number of gallons of gas get sold in Pasco county every year. If we increase the gas tax by Y cents, then we will get an additional (X * Y)/100 dollars in revenues every year.
Umm... No. Not even close. Because when you increase the tax, a whole lot of people will buy their gas elsewhere, where the tax is less. One of the people testifying on the issue even explained that to them, but it just kind of went right over their heads. They just didn't "get it."
Going to guess here that the USVI legislators probably don't "get it" either. They just assume that everyone will keep right on coming, and buying, and the tax dollars will just keep rollin' in.
Last edited by denverd0n; 03/30/2017 09:10 AM.
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Re: usvi government imposed 2017 timeshare fee
[Re: denverd0n]
#125786
03/30/2017 09:40 AM
03/30/2017 09:40 AM
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Joined: Oct 2004
Posts: 1,951 St. John, USVI
RickG
Traveler
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Traveler
Joined: Oct 2004
Posts: 1,951
St. John, USVI
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This is one I have been watching. For a while there, the USVI has been friendlier to cruisers than the BVI - more accessible, cheaper and less crowded. Depending on how things are implemented, drinks may get a good bit more expensive.
The SVIs are still cheaper and less crowded still.
Cheers, RickG
S/V Echoes, 2003 Beneteau 423 Grenada
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Re: usvi government imposed 2017 timeshare fee
[Re: RickG]
#125787
04/16/2017 06:29 PM
04/16/2017 06:29 PM
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Joined: Mar 2008
Posts: 8,530 Ya never know...
HillsideView
Traveler
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Traveler
Joined: Mar 2008
Posts: 8,530
Ya never know...
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USVI is broke. They did this in hopes of being able to sell in the bond market. Watch the real estate market, I've seen an uptick in listings already.
My foot fits right into my shoe and my shoe will fit right into your...
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Re: usvi government imposed 2017 timeshare fee
[Re: Cleobeach]
#125789
04/18/2017 06:05 PM
04/18/2017 06:05 PM
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Joined: Sep 2001
Posts: 5,884 St. Thomas, USVI
Nutmeg
Traveler
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Traveler
Joined: Sep 2001
Posts: 5,884
St. Thomas, USVI
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Cleobeach: No, this was because the territorial government was looking for ways to raise money and they certainly weren't going to inconvenience any of their constituents. All they want is to be able to get back into the junk bond market. They don't actually want to change any of the ways things are done.
[color:"red"]NUTMEG[/color] Today is the tomorrow you talked about yesterday.
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Re: usvi government imposed 2017 timeshare fee
[Re: Nutmeg]
#125791
04/18/2017 11:38 PM
04/18/2017 11:38 PM
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Joined: Jun 2011
Posts: 1,347 USVI
LocalSailor
Traveler
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Traveler
Joined: Jun 2011
Posts: 1,347
USVI
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Nutmeg said: they certainly weren't going to inconvenience any of their constituents. All they want is to be able to get back into the junk bond market. They don't actually want to change any of the ways things are done. Timeshare increase was only part of the bill - good size tax increases on beer, liquor, soda and cigarettes certainly do affect the constituents and raises the cost of living here even more.
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Re: usvi government imposed 2017 timeshare fee
[Re: LocalSailor]
#125792
04/27/2017 08:53 AM
04/27/2017 08:53 AM
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Joined: Jun 2011
Posts: 1,347 USVI
LocalSailor
Traveler
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Traveler
Joined: Jun 2011
Posts: 1,347
USVI
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