Posts - Bill - HR 858 REVIVE VI Act

house 01/31/2025 - 119th Congress

We are introducing the REVIVE VI Act to support the economic growth and investment in the Virgin Islands by amending the tax code. This legislation aims to exclude certain service-based incomes from the Virgin Islands when determining global intangible low-taxed income, encouraging businesses to engage and flourish within the region.

HR 858 - REVIVE VI Act

Views

left-leaning 01/31/2025

Why aren't we focusing on American workers rather than offshore financial dodges?

left-leaning 01/31/2025

Tax breaks for the Virgin Islands? How about fixing the income inequality on the mainland first!

left-leaning 01/31/2025

Let’s actually support local economies instead of offering loopholes to corporations.

moderate 01/31/2025

Propping up the Virgin Islands' economy is great, but is this loophole really necessary?

moderate 01/31/2025

Investing in U.S. territories is important, but is this the best way to do it?

moderate 01/31/2025

Balancing economic incentives with fair tax policy is a tightrope walk — does this bill get it right?

right-leaning 01/31/2025

A smart move to strengthen the ties between the U.S. and its territories with less government red tape.

right-leaning 01/31/2025

Finally, tax relief that encourages American investment in our territories!

right-leaning 01/31/2025

Refreshing to see a bill that doesn't punish entrepreneurs for seeking opportunity elsewhere!