The hearing involves more than $17 billion worth of debt backed by sales-tax bonds that the government issued, representing nearly a third of the island’s overall bonded debt.
It has the power to stop this abuse by allowing a citizen and democratic audit of all the debt.
The country will slash income and corporate taxes to 20 percent from 30 percent for 43 municipalities in six states.
Bajo distintas justificaciones legales, la Junta de Control Fiscal de Puerto Rico pelea por mantener en secreto parte de sus comunicaciones con el Gobierno de Estados Unidos, alegando que su divulgación afectaría la economía de la isla, los mercados de capital y la habilidad de la entidad para ejercer sus poderes sobre el Gobierno de Puerto Rico.
Latino Rebels Radio: November 15, 2018
“I did not want people to know my identity because I knew I was going to be judged so I lied about my identity by saying I was Italian due to my physical features,” Franco said.
“These investors continue to be the main beneficiaries of fiscal policies pushed by Puerto Rico’s Governor Ricardo Rosselló and by the unelected federal Fiscal Control Board.”
Despite paying lip-service to diversity and inclusion, many organizations lag behind in practice.
Lax labor standards in Mexico are indeed a problem with NAFTA. But they are North America’s problem to solve.
If you didn’t know, Act 22 is a law exempting new residents of the Island from capital gains taxes and other passive income.
The same day Hurricane Maria struck Puerto Rico, Oppenheimer Funds questioned that the government of the Island could not pay its $74.8 billion debt.
The world’s first shared co-nation between Mexico and the United States?
“After the elections, everything changed. People are scared to go out.”
We should take this more seriously.