Tag Archives: act 20

Tax Incentive Association Launches to Promote Puerto Rico

It is wonderful that the smart politicians are promoting incentives to make Puerto Rico an engine for job growth as this will allow more opportunities for Puerto Ricans to not only improve their skills, but also to earn higher salaries.  … Continue reading

Posted in Puerto Rico necessary improvements | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Improving conditions in Puerto Rico Requires Rooting out Corruption

https://www.washingtontimes.com/news/2018/jan/1/how-corruption-killed-a-golden-opportunity-in-puer Improving conditions in Puerto Rico By Julio Rivera – – Monday, January 1, 2018 ANALYSIS/OPINION: Lost in all the talk of the much-ballyhooed Tax Cuts and Jobs Act of 2017 was any mention of policy regarding improving conditions in … Continue reading

Posted in Puerto Rico necessary improvements, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business | Tagged , , , , , , , , , , , , | Leave a comment

Puerto Rico governor Wanda Vazquez is killing the golden goose, by gouging Individual Investors who are responsible for investing billions in Puerto Rico and hiring thousands of Puerto Ricans for higher paying jobs

The Law to Encourage the Transfer of Individual Investors to Puerto Rico, previously known as Law 22-2012, was a great law when first passed in 2012.  However, the Puerto Rican governor Governor Wanda Vazquez last week raised the requirements to … Continue reading

Posted in culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business, Puerto Rico tax incentives | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rico woos rich with hefty tax breaks, to help revitalize the economic situation of Puerto Rico

Bringing smart, successful investors to Puerto Rico helps by bringing capital, investments, jobs, great ideas to Puerto Rico. https://www.marketwatch.com/story/puerto-rico-woos-rich-with-hefty-tax-breaks-2014-04-22 Puerto Rico woos rich with hefty tax breaks   Published: April 22, 2014 at 9:14 a.m. ET By Sital S. Patel … Continue reading

Posted in Puerto Rico necessary improvements | Tagged , , , , , , , , , , , , | Leave a comment

Statehood Would Be a Step Down for Puerto Rico, as explained by Peter Schiff in episode 257

  From the comments: Levine Levine  I still remember the story told by Peter Schiff about the Samoa Islands. Peter said the standard of living of the typical Samoan declined when Congress required Samoa business pay the Federal minimum wage. … Continue reading

Posted in +best, most popular posts about Puerto Rico, Puerto Rico statehood vs remaining a territorial status | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Peter Schiff, investor who moved from CT to PR for the Act 22 tax benefits, exposes selfish, misguided Puerto Rican politicians. Statehood will hurt PR, not help, by adding more taxes to its citizens. Episode 538

        Peter Schiff mentions how Puerto Rican politicians are working against the benefit of Puerto Rico and Puerto Rican citizens, when they push for statehood.   Schiff shows how Puerto Rico’s territorial status, NOT being a state, is … Continue reading

Posted in +best, most popular posts about Puerto Rico, culture and cycle of dependency, Puerto Ricans and Puerto Rico people, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government, Puerto Rico statehood vs remaining a territorial status | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Act 20, Act 22 bring talented people from the states who hire thousands of Puerto Ricans, invest billions of dollars in PR

This is a great program to help revive Puerto Rico by injecting capital, buying property, cars, household goods, and hiring thousands of Puerto Ricans.  Without these incentives, these talented people would not have been attracted to move to Puerto Rico. … Continue reading

Posted in analysis and opinion, Puerto Rico economic crisis, Puerto Rico necessary improvements, statistics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rico Woos Home Buyers – WSJ 11-19-15

Incentives change behavior, whether for good or bad. https://www.wsj.com/articles/puerto-rico-woos-home-buyers-1447947744 Puerto Rico Woos Home Buyers Financial incentives are luring home buyers to Puerto Rico, where some jumbo loans have lower down-payment requirements than those in the states. Illustration: Chris Gash By … Continue reading

Posted in hotels homes and apartment housing | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments