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Recent Posts
- Aguadilla, Ponce Airports to Reopen on April 1, 2021
- Plaza – Tu Supermercado, has about 4 grocery store locations in Puerto Rico
- Costco will be opening its 5th Puerto Rico location in Aguadilla in NW PR in the Plaza Noroeste Commercial Center
- Sharyl Attkisson: Where Did The $91 Billion For Hurricane Recovery In Puerto Rico Go?
- 20 Members Of A Violent Gang Charged For Drug Trafficking And Firearms Violations In Santa Isabel, Puerto Rico
- Experts Worry About Puerto Rico’s Rapid Rise in COVID Cases
- Puerto Rico’s Tourism Industry Is Suffering. High Season Is Not Looking Any Better.
- Fee cut to lure cruise lines to lay up ships in Puerto Rico ports
- EPA Region 2 to Provide $1.1 Million Grant to the University of Puerto Rico to Reduce Air Pollution in San Juan, paying to accelerate the destruction of older short-haul trucks, buses
- Transgender woman beaten, stabbed in Puerto Rico, skull fractured, needs reconstructive surgery
- Trump thanks Puerto Rican governor, Wanda Vazquez Garced, for 2020 election endorsement
- Gov. Vázquez suspends order that raised minimum wage in construction. Minimum wage laws do more harm than good
- Puerto Rico Chambers of Commerce oppose potential lockdown amid rise in Covid-19 cases
- Puerto Rican authorities have thousands of fraud cases to process for Pandemic Unemployment Assistance fraud
- Governor Wanda Vazquez endorses Donald Trump for President
- Agents Seize $27 Million In U.S. Currency Inside Boxes Bound For St. Thomas from San Juan Puerto Rico port
- Four Puerto Rican Police Officers Charged With Conspiracy To Commit Robbery.
- Fiscal Board sends Property Tax Recommendations to Puerto Rico government. If PR property taxes go up, real estate values will go down
- Roche to Close Puerto Rico Plant After More Than Four Decades. 200 jobs will be lost
- Border Patrol Seizes $14.8 Million Dollars Worth Of Cocaine, Arrests 4 Illegal Immigrants Near Puerto Rico
- Retail sales plunge 56 percent amid Covid-19 lockdown in April
- Puerto Rico Legislator Nelson Del Valle Colon and Two Capitol Employees Indicted for Theft and Bribery
- Meet 4 Women Pushing Puerto Rico’s Sustainable Farming Movement Forward
- Puerto Rico imposes stricter measures amid coronavirus spike, until at least 9-11-20
- Puerto Rico governor calling for the island to be made a US state LOSES bid to lead her party in chaotic primary election that saw delayed and missing ballots
- FBI arrests seventh defendant in Julia Keleher case, Aníbal Jover Pagés
- Video captures daytime shooting on Martinez Nadal expressway in Guaynabo, 2 dead
- Puerto Ricans, upset at botched primary, demand answers. The Elections Commission failed to print and distribute enough ballots to multiple voting locations
- Puerto Rico governor extends anti-coronavirus measures for 2 weeks, until July 15, 2020
- Pensions must be out of electoral intentions. Politicians shouldn’t using public resources for political purposes.
- With primaries around the corner, Gov. Vázquez faces criminal probe
- Alexandria Ocasio-Cortez aka AOC is a misguided dangerous radical who should be cancelled, not GOYA Foods, because she wants to harm America, promote lawlessness, destroy jobs
- Puerto Rico Governor Seeks Referendum on Pension Payments
- ‘They are killing our nation’: Goya Foods CEO slams boycott of his brand and says protesters are the same people who are tearing down statues of Jesus Christ as he doubles down on Trump support
- Gov. Wanda Vázquez Will Be Investigated by an Independent Special Prosecutor
- Puerto Rico to ban alcohol sales on Sundays amid pandemic
- Puerto Rico announces referendum to protect public pensions
- Puerto Rico Governor Wanda Vázquez, others face formal corruption probe
- ‘Robust’ Prepa, LUMA deal structured to avoid failure of Prasa privatization
- Puerto Rico’s Governor reinstates restrictions on social, recreational activities as Covid-19 cases soar, lockdown orders until 7-31-20
- Treasury provides options to taxpayers with difficulties to file returns, pay on Wednesday deadline
- The Fund dismisses the husband of Tata Charbonier and the wife of the mayor of Cataño. FBI raids home
- Hurricane Maria’s impact on Puerto Rico’s population will last for decades, study shows. PR’s population expected to drop 200,000 by the year 2047
- Secretary of the Department of Health, Lorenzo González, warned Wanda not to do campaign rallies but she provoked him by going to a rally against his advice
- INTERVIEW: 4 questions to #CacerolaGirl
- In solitary confinement about 200 police officers suspected of COVID-19 contagion
- #Cacerolagirl is born in the protests that forced Ricardo Rossello to resign in July 2019
- Puerto Rico governor facing scrutiny after firing government minister, Justice Secretary Dennise Longo Quiñones
- The dismissal of Dennise Longo by Governor Wanda: Friday Night Massacre
- Wanda Vazquez: this time it’s different. Governor Wanda Vazquez Garced could now be considered a suspect in the crime of obstruction of justice.
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Tag Archives: tax break
Puerto Rico is shovel-ready for the COVID-19 recovery
Puerto Rico is shovel-ready for the COVID-19 recovery Puerto Rico is shovel-ready for the COVID-19 recovery By Jorge Heine and Kevin P. Gallagher, opinion contributors — 05/13/20 05:00 PM EDT 43 The views expressed by contributors are their own and … Continue reading
Task Force Created to Lobby for Return of Critical U.S. Manufacturing to Puerto Rico
The Coronavirus problem illustrates it is a no brainer opportunity for Puerto Rico to replace China as the main source of key pharmaceuticals, to reduce the overdependence on China, bringing more jobs to Puerto Rico, speeding delivery of pharmaceuticals to … Continue reading
Posted in Puerto Rico necessary improvements, Puerto Rico tax incentives
Tagged active ingredients, China, Coronavirus, incentive, incentives, industry, manufacturers, manufacturing, over-reliance, overdependence, pandemic, pharmaceutical, pharmaceuticals, PRMA, production, Puerto Rico, Puerto Rico Manufacturers Association, Section 936, source, sourcing, task force, tax break, TCJA
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How Puerto Rico got into its current financial mess
https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM A man drinks a beer in a local bar as he watches Puerto Rico’s governor Alejandro … Continue reading
Posted in Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico tax incentives
Tagged Alejandro García Padilla, Anibal Acevedo, austerity, austerity measures, bankruptcy, bankruptcy protection, bonds, crisis, death spiral, debt, economic, economy, exemption, financial, Governor, Luis Fortuño, New Progressive Party, NPP, Pedro Pierluisi, phaseout, Popular Democratic Party, poverty, PPD, public assistance, public debt, Puerto Rico, recession, Section 936, stagnation, tax, tax break, tax breaks, VAT
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Coronavirus shows US needs to restore pharmaceutical production — in Puerto Rico
Excellent article shows how dependence on China for medical supplies & drugs, as 2 examples, are dangerous since over-reliance on outside countries can prevent the supply chain from operating to supply whatever is needed in a timely manner. https://nypost.com/2020/03/07/coronavirus-shows-us-needs-to-restore-pharmaceutical-production-in-puerto-rico Coronavirus … Continue reading
Posted in Puerto Rico necessary improvements, Puerto Rico politics and government
Tagged Bill Clinton, drug manufacturing, drugmakers, expired, incentives, manufactured precursors, pharmaceutical, pharmaceutical production, Puerto Rico, supplies, supply, supply chain, targeted, targeted tax breaks, tax break, tax breaks, Tax Foundation, tax law, tax laws
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In 1996, people warned the loss of Section 936 tax breaks would severely damage Puerto Rico. They were absolutely right
PUERTO RICO-ECONOMY: Tax Breaks Under Threat PUERTO RICO-ECONOMY: Tax Breaks Under Threat By IPS Correspondents Reprint | | Print | Scott West SAN JUAN, Feb 9 1996 (IPS) – Tax incentives which have led to the rapid industrialisation of Puerto … Continue reading
Here’s how an obscure tax change sank Puerto Rico’s economy – Section 936 phased out over 10 years from 1996 to 2006
https://www.cnbc.com/2017/09/26/heres-how-an-obscure-tax-change-sank-puerto-ricos-economy.html Here’s how an obscure tax change sank Puerto Rico’s economy Even before a devastating hurricane brought Puerto Rico to a near standstill, the government there was struggling with an economy in shambles and a default on billions of dollars … Continue reading
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
Posted in Puerto Rico economic crisis
Tagged bond, bond market, bonds, claim, claims, Cofina, Congress, crisis, debt, economy, GDB, Governor, Governor Ricardo Rossello, incentive, incentives, litigation, market, Medicaid, municipal, oversight board, payment, payments, pharmaceutical, PR, PRASA, PREPA, PROMESA, Puerto Rico, reprieve, restructuring, revenue, revenues, Ricardo Rosselló, senior, state, states, subordinated, tax break, tax breaks, utility
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Puerto Rico Newcomer, dedicated to improving PR, helps you live, vacation in Puerto Rico better 