The Puerto Rico Economic Development Bank confirmed over the weekend that close to one-sixth of the island’s workers, or about 15.8%, are self-employed. The data was provided at a press conference during the United Retailers Association’s (CUD in Spanish) convention, when EDB President Luis Alemañy said that as Pandemic Unemployment Assistance (PUA) benefits come to […]
Of all the atrocious ideas I have heard in the past few years, and there have been plenty, none is more poisonous and counterproductive than the announcement that the Treasury Department is planning to significantly increase taxes to self-employed people.