The recent proposal to increase the short-term rental (Airbnb) tax rate in the U.S. Virgin Islands to 20% or more is a drastic and misguided policy that would have devastating effects on the tourism industry — particularly for St. Croix. Some argue that this proposed tax hike would address the housing crisis and boost hotel occupancy, in reality, it threatens to drive visitors away and harm the very businesses that rely on tourism to survive.
St. Croix Source
Commentary, Local news, Op-ed
