Tag Archives: Individual Investors Act

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

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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

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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 better … Continue reading

Posted in 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

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

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