Tag Archives: incentive

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

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Puerto Rico’s Slide 5-9-17 Bloomberg

https://www.bloomberg.com/quicktake/puerto-ricos-slide Puerto Rico’s Slide By Michelle Kaske | Updated May 9, 2017 1:54 PM UTC Puerto Rico has the population of Connecticut and an economy smaller than Nebraska’s. It also has more debt — $70 billion — than any U.S. state government except California, New … Continue reading

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How dependence on corporate tax breaks corroded Puerto Rico’s economy

http://www.reuters.com/investigates/special-report/usa-puertorico-economy Puerto Pobre How dependence on corporate tax breaks corroded Puerto Rico’s economy By Nick Brown Filed Dec. 20, 2016, noon GMT The island bet on multinational manufacturers, who bailed when the U.S. repealed a key tax incentive. Meanwhile, frustrated … Continue reading

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