US EditionFederal cuts add fuel to the fire: Guam leaders brace for new debate on BPT
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Federal cuts add fuel to the fire: Guam leaders brace for new debate on BPT
By Mar-Vic Cagurangan Gov. Lou Leon Guerrero reiterated—for the nth time— her call for the Guam legislature to sustain the current business privilege tax rate, warning that the looming federal funding cuts would press the local government to take up the slack.The renewed focus on business tax takes Guam's budget planners back to where it started: Trump's fiscal policy.The U.S. House of Representatives is poised to advance President Trump's budge…
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