Inflation, plus a scarcity in raw materials, has led to increasing prices on some goods. #NewsismyBusiness
Energy costs, persisting worker shortage and Puerto Rico’s tax load are the three main concerns.
Gov. Pedro Pierluisi announced he will submit a bill to the Legislature that would introduce a cost-of-living adjustment to Puerto Rico’s Internal Revenue Code to increase tax benefits and offset the effects of inflation on individuals. “The COVID-19 pandemic and other global factors have contributed to the increase in the cost of living for Puerto […]