Tag Archives: taxes

Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says

https://www.bnnbloomberg.ca/covid-19-may-cost-puerto-rico-2-billion-in-taxes-board-says-1.1436312 Covid-19 May Cost Puerto Rico $2 Billion in Taxes, Board Says Jim Wyss, Bloomberg News The Capitol Building is seen past walls in the Old City of San Juan, Puerto Rico. Photographer: Christopher Gregory , Bloomberg   (Bloomberg) — … Continue reading

Posted in Puerto Rico Coronavirus Covid-19, Puerto Rico economic crisis | Tagged , , , , , , , , , , | Leave a comment

Puerto Rico is shovel-ready for the COVID-19 recovery

https://thehill.com/opinion/finance/497415-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 not the view of The Hill © … Continue reading

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51st State? Puerto Rico’s Statehood Poll is Driven by Political & Financial Ambitions, Scholars Say

Article says Puerto Rico Governor Wanda Vázquez’s statehood push is political posturing, meant to retain power, to help her re-election chances, knowing full well that statehood won’t be approved since DC is against it no matter the voting outcome.   A … Continue reading

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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

Pharmaceutical industry: Eyes on Puerto Rico – To reduce overdependence on China for drug supply, increase production in PR with tax incentives

  https://www.elnuevodia.com/english/english/nota/pharmaceuticalindustryeyesonpuertorico-2551776 Pharmaceutical industry: Eyes on Puerto Rico Discussion on new incentives to increase the production of pharmaceuticals on the island after the crisis in China revives Tuesday, March 10, 2020 – 9:04 AM By José A. Delgado The federal … 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

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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