USVI Households Included as Treasury Projects Up to $150B in Refunds Nationwide

U.S. Treasury Secretary Scott Bessent announced Wednesday that millions of working Americans could soon receive sizable tax refunds—up to $2,000 per household—under provisions of the recently enacted One Big Beautiful Tax Bill, a measure the administration says will return overwithheld earnings to taxpayers during the upcoming filing season. Americans living in U.S. territories — including the U.S. Virgin Islands, Puerto Rico, Guam, American Samoa, and the Northern Mariana Islands — are eligible for the refunds provided under the One Big Beautiful Tax Bill, provided they meet applicable filing requirements and income eligibility thresholds. Speaking at a press conference, Bessent estimated that the total amount of refunds issued nationwide could range between $100 billion and $150 billion. He said the refunds are intended to provide meaningful relief to middle-class households as they continue to navigate broader economic pressures. “This is real relief for hardworking Americans,” B...