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Joe
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A long time visitor to St. John. As it is for many people, the economic squeeze has put a St. John vacation more out of reach. Not sure what the wisdom/thinking is behind legislative negotiations here.....but a 25% tax is basically telling a large group of vacationers to go to a different island. I would also add, in the competitive rental environment, where supply is outstripping demand, owners will be forced to further cut their rental rates. Bad idea. Really bad.
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Jan 26, 2011