Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Dilbert San Diego
As I understand it, Puerto Ricans are American citizens, can travel or move to the mainland without restriction, get public assistance benefits if qualified, but do not pay federal income taxes, because they are not a state. Someone correct me if I’m wrong. Sounds like they have benefits of association with America without downsides, such as paying federal income tax.

They have been trying a different strategy lately which leverages their commonwealth status. They have drastically reduced some taxes, trying to get businesses and wealthy to relocate there. And they are trying to become a bridge between the US and Spanish speaking markets. If it works, they could become the US version of Hong Kong.

Puerto Rico's big 20/22 bet

12 posted on 07/13/2014 7:15:07 PM PDT by Vince Ferrer
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Vince Ferrer

They have been trying a different strategy lately which leverages their commonwealth status. They have drastically reduced some taxes, trying to get businesses and wealthy to relocate there. And they are trying to become a bridge between the US and Spanish speaking markets. If it works, they could become the US version of Hong Kong.

I’ve been reading about all kinds of jump-start ideas for PR in business publications for ages and obviously nothing has worked.

And maybe why this latest endeavor also won’t pan out is because PR is full of Latinos and not Chinese people.

I mean, something’s got to explain why nothing works there.


19 posted on 07/13/2014 8:45:29 PM PDT by bluedogpdx
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson