Virgin-Islands-On-Line's Coconut TelegraphNews, Opinion, Commentary & Photos for the U.S. & British Virgin IslandsCrapo donations questioned- March 16, 2006 Associated Press March 15, 2006 BOISE U.S. Sen. Mike Crapo, R-Idaho, received more than twice as much money in donations from people in the U.S. Virgin Islands than from his home state last year, according to the Federal Elections Commission. That prompted the Senate Majority Project, a Democratic interest group, to question Crapo's involvement in the islands, which have a population of 110,000 people. Crapo had received $39,000 from Virgin Islands residents by the end of the 2005-06...http://www.virgin-islands-on-line.com/coconut-telegraph/archives/news/crapo_donations.shtm... Virgin Islands Donors Invest In Key Senators- March 16, 2006 BY MEGHAN CLYNE - Staff Reporter of the Sun March 8, 2006 http:www.nysun.comarticle28712 WASHINGTON - Concern is mounting that Senate support for the U.S. Virgin Islands' efforts to reopen a tax loophole is being won with more than $235,000 in campaign contributions. Five senators identified by USVI representatives as allies in their campaign - Senator Crapo, a Republican of Idaho; Senator Gordon Smith, a Republican of Oregon; Senator Baucus, a Democrat of Montana; Senator Thomas, a...http://www.virgin-islands-on-line.com/coconut-telegraph/archives/news/virgin_islands_1.sht... The Coconut Telegraph- March 5, 2006 This blog is not exactly what we hoped it would be. Running the travel website(s) on a day to day basis has not really left me enough time to devote to this place, and it also seems that no matter what we try to do here, people for the most part prefer the forum, so going forward that is what we are going to spend most of our time developing. Our thinking is that the Coconut Telegraph will morph into a blog about our sites and our plans and what we do new, etc. along with news about Caribbean..http://www.virgin-islands-on-line.com/coconut-telegraph/archives/personal/the_coconut_tel.... Virgin Islands Are at Center of Dispute on Tax Break- March 5, 2006 So the NY Times is now in the loop: The United States Virgin Islands and several wealthy financiers who own homes there are working to persuade Congress to drop a new requirement that at least half the year be spent in the islands in order to get a tax break intended to spur their economic development. The economic development program allows an effective federal income tax rate of just 3.5 percent for bona fide residents of the Virgin Islands. It has drawn wealthy Americans from the mainland..http://www.virgin-islands-on-line.com/coconut-telegraph/archives/news/virgin_islands.shtml |