MarathonMike
Diamond Member
To be fair the GOP had a hand in this as well, but Clinton could have stopped it. But he wanted the corporate tax breaks phased out even sooner than the GOP. As a result, the economic boom that was occurring in P.R. came to a grinding halt and their fate was sealed. Then when the hurricane hit last year, it exposed just how weak and antiquated P.R. was.
Given that America 'owns' Puerto Rico, do we 'owe' anything to the citizens of that small nation to reinstate the same corporate breaks that stimulated their growth in the past? I think we do. In a limited sense, Puerto Ricans are American citizens and deserve at least as much attention as we pay non-citizen illegal immigrants.
Here's how an obscure tax change sank Puerto Rico's economy
Given that America 'owns' Puerto Rico, do we 'owe' anything to the citizens of that small nation to reinstate the same corporate breaks that stimulated their growth in the past? I think we do. In a limited sense, Puerto Ricans are American citizens and deserve at least as much attention as we pay non-citizen illegal immigrants.
Here's how an obscure tax change sank Puerto Rico's economy