VI News Staff 1 year ago

Bryan Announces $27 Million in Tax Refunds Amid Push for Minimum Wage Increase

In a bid to provide immediate relief to residents, the Bryan administration plans to disburse millions in refunds while urging the Legislature to raise the minimum wage from $10.50 per hour

Governor Albert Bryan Jr. announced on Monday that the Government of the Virgin Islands will disburse an additional $27 million in income tax refunds over the next 30 days. This comes as part of the administration’s ongoing efforts to deliver financial relief to residents, following earlier payments of $5.1 million to 1,260 taxpayers in July and another $5 million to $5.1 million to 1,745 taxpayers in August.

In making the announcement during the administration's weekly press briefing, Mr. Bryan emphasized the need to address the economic pressures facing Virgin Islanders, particularly in light of rising inflation. He also called on the 35th Legislature to consider legislation aimed at gradually raising the minimum wage, which currently stands at $10.50 per hour.

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