Tag Archives: law

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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How corrupt are the police, law enforcement in Puerto Rico?

http://www.justice.gov/opa/pr/eighty-nine-law-enforcement-officers-and-44-others-indicted-drug-trafficking-crimes-puerto Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, October 6, 2010 Eighty-Nine Law Enforcement Officers and 44 Others Indicted for Drug Trafficking Crimes in Puerto Rico WASHINGTON – Eighty-nine law enforcement officers and 44 others in … Continue reading

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More real world evidence that minimum wages harm people – Seattle WA

Those who think higher minimum wages solve problems are mistaken, as it’s contrary to a common sense economic principle.  The higher the price of a good or service, the less affordable it becomes, and thus, the less of it is … Continue reading

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What Puerto Rico Can Teach Us About the Minimum Wage

Minimum wages are contrary to free and fair markets.  If an unskilled person is not worth what an employer is forced to pay through unjust minimum wage laws, the employer will instead choose more automation or choose to not employ … Continue reading

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Puerto Rico goes to the polls for statehood

  http://thehill.com/latino/336667-puerto-rico-goes-to-the-polls-for-statehood Puerto Rico’s government is banking on a push for statehood to solve the structural issues that led to its financial crisis. Puerto Ricans will vote Sunday to decide the territory’s status. If statehood wins, as expected, the island … Continue reading

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Puerto Rico cannot compete with other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff

Puerto Rico cannot compete with the other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff.  His mains recommendations are to eliminate the Jones Act, eliminate minimum wage laws, restructure the debt.

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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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