Beautiful Virgin Islands

Wednesday, Jul 22, 2026

Gov’t criticised for poor diversity in revenue-generating schemes

Gov’t criticised for poor diversity in revenue-generating schemes

Leader of the Opposition Marlon Penn has accused the Virgin Islands Party (VIP) government of what he described as a lack of innovation in finding areas to generate revenue for the territory.

Speaking on the National Democratic Party (NDP) radio show earlier this week, Penn said the government’s two tools for economic diversification are gambling and marijuana.

The Opposition Leader said the Gambling Bill (Gaming and Betting Control Act) has been passed and the government is yet to have a commission in place to oversee it.

“There are monies in the budget that they have budgeted and saying they are going to get ‘X’ amount of revenue from gambling, and they don’t even have a board in place to run the Gambling Commission. So, you see, there is no focus in terms of the key things that need to be done,” Penn said.

The Opposition Leader also noted that the government has been bragging about monies collected from the seven per cent tax on remittance; a levy he describes as putting pressure on persons who can ill afford to pay that tax.

“These are people that don’t have a choice but try to survive in the BVI where they work and live and also have to send back to their loved ones they left behind. We did that when we use to go to the Dominican Republic and other places to work. That is just the way of life for some persons and the reality for some,” Penn said.

“You cannot be bragging about the money you make from that on the backs of poor people. The government’s approach to the diversification of our economy is taxing the poor. That has been their strategy. Putting taxes on people that can least afford it instead of being innovative and finding innovative ways to generate the revenues in the country. You are putting taxes on the people who could least afford it,” the NDP Leader continued.

Residents not seeing discussions happening


Penn said residents are not seeing any discussions happening on the things over which the Fahie-led government has the power to make less of a burden to taxpayers.

He further said the government has a responsibility for the policy direction of the country and they have the tools at its disposal to make life easier for the ‘so-call little man’ who the government claims it is protecting.

“You are not hearing the government speaking about things which they have control to act. The port fees are one area they could act on, the taxes that are coming in is one area that they could act on. The fuel surcharge. What is the conversation we are having with the Electricity Corporation to ensure that we are not having a drastic bump in electricity cost in the next three to six months, how are we going to sort of level that off? What are the things we are doing to cushion the small man that they continue to put pressure on?” the NDP Leader questioned.

“They are putting more burden on the little man; the persons who are feeling the gas pumps, who are feeling when they are buying the propane, who are feeling when they buy at the grocery store, who are feeling it just for our basic necessities of life,” Penn said.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
EU Imposes Record €550 Million Digital Services Fine on AliExpress
London’s Housing Starts Collapse as Planning and Building Costs Stall Development
Charlie Sheen’s Daughter: "My Dad Didn’t Buy Me a House, My Breasts Bought It"
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Naturally Conceived Identical Quadruplets Born in Rare Brisbane Delivery
Tate Brothers Fight British Extradition Bid After Miami Arrests
Burnham Reshapes Britain’s Government Around Living Costs, Devolution and Security
Jingye Demands Full Compensation After Britain illegally Nationalized British Steel
Just Another Liar or a Robin Hood? Andy Burnham Pledges Cost-of-Living Help in First Speech as UK Prime Minister
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Police Block Cockroach Janta Party’s March to Parliament as Education Protests Intensify
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest
US Retaliates Against Iran After Two American Troops Killed in Jordan
Bank of Asia BVI Enters Court-Supervised Liquidation After Regulators Find It Insolvent
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Brothers Andrew and Tristan Tate Who Turned "Toxic Masculinity" Into a Brand Arrested in Miami as Britain Seeks Their Extradition
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
Energy Risk, Uneven Growth and the New Geography of Global Capital
The AI Race Enters Its Infrastructure Era
For 36 Years, He Scammed About 300 Luxury Hotels — Until He Was Caught
×