Rum Becomes Contentious Issue in USVI Gubernatorial Race

Leading up to this year's gubernatorial election in the US Virgin Islands, rum cover-over funds have become a hot topic for debate.REFRESHER. The US government issues a $13.25 tax refund per gallon to Puerto Rico and the USVI when spirits are produced there and exported to the US. This is called the rum cover-over subsidy. Millions of dollars in subsidies are then passed on to multinational spirits producers.This year the cover-over funds increased by $24 million for the USVI to