Coronavirus

Plaskett Announces Over Half a Billion Dollars for USVI in $1.9 Trillion Covid Aid Bill

Delegate to Congress Stacey Plaskett, with her newly found stardom in Washington and among power players in the Democratic Party, has been using her political capital to secure overwhelming help for the U.S. Virgin Islands, the biggest so far is a massive $584 million allocation to the territory in relief money tied to the Covid-19 pandemic. “I am proud to note the inclusion of special provisions in this bill for the Virgin Islands that I have been fighting for since I came to Congress," said Ms. Plaskett in a release issued during the wee hours of Saturday morning. "This plan creates equality in the Child Tax Credit and the Earned Income Tax Credit for the Virgin Islands, including an advancement of the Child Tax Credit in 2021. This legislation provides federal reimbursement to the Virgin Islands for the cost of these federal tax benefits, and for educating preparers to encourage more workers to elect the tax credits. This will be very important to raise wages, reduce poverty, and i...