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NY Times: IRS failed to police Puerto Rico tax break, whistleblower says
The New York Times May 29, 2024

For the past decade, thousands of wealthy Americans have been flocking to Puerto Rico to take advantage of a tax break that can cut their tax bills to zero. #NewsismyBusiness #TheNewYorkTimes

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QUOTE OF THE WEEK:

“Policies enacted by the [Government of Puerto Rico] do not reflect the urgent needs of the electric power sector. On the contrary, many policies are likely to undermine reliability.”

 

— RAND’s “Priority Recommendations for Puerto Rico to Promote Well-Being and Economic Growth”

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