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DonViejo

(60,536 posts) Sat Dec 16, 2017, 04:02 PM Dec 2017

Puerto Rico gov: GOP tax bill 'unconscionable' punishment for struggling island

Source: The Hill

BY MAX GREENWOOD - 12/16/17 01:55 PM EST

Puerto Rico Gov. Ricardo Rossello is blasting Republican lawmakers' sweeping rewrite of the nation's tax code, accusing members of Congress of turning their backs on the U.S. territory with the new bill.

“It is devastating and unconscionable that Congress would do this at this juncture," Rossello told NBC News in an interview Friday.

-snip-

Rossello said that bill includes a 10 percent tax on companies' profits abroad, as well as a 12.5 percent tax on "intangible assets" held offshore.

"They are treating Puerto Rico as a foreign jurisdiction so they are levying a full tax,” Rossello told NBC News.

Read more: http://thehill.com/policy/finance/365254-puerto-rico-gov-gop-tax-bill-unconscionable-punishment-to-struggling-island

6 replies

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Puerto Rico gov: GOP tax bill 'unconscionable' punishment for struggling island (Original Post) DonViejo Dec 2017 OP

We are being ignored... IluvPitties Dec 2017 #1

The G.O.P. response has been unforgivable. Without wildly rich, powerful allies, you're invisible. Judi Lynn Dec 2017 #2

Thanks, Judi! IluvPitties Dec 2017 #3

What a shame the killer hurricane hit, period. Trump's lack of decency responding was a shock. Judi Lynn Dec 2017 #5

Wow. Incredibly vicious. If there were 20M conservatives Hortensis Dec 2017 #4

I bet he won't be singing trump's praises anymore FloridaBlues Dec 2017 #6

IluvPitties

(3,181 posts)

1. We are being ignored...

Reply to DonViejo (Original post)

Sat Dec 16, 2017, 04:07 PM

Dec 2017

...and abused because of our colonial status.

Judi Lynn

(160,542 posts)

2. The G.O.P. response has been unforgivable. Without wildly rich, powerful allies, you're invisible.

Reply to IluvPitties (Reply #1)

Sat Dec 16, 2017, 04:27 PM

Dec 2017

They devour whatever value you have to them, and ignore you after that.

We will all benefit, people everywhere, when their luck runs out, and they erode their own support. It probably takes too much energy to be as actively evil as they are, and a lot of them may run out of steam.

We do see the cheap, underhanded, criminal way they and their donors are behaving regarding Puerto Rico. It's horrific.

Welcome to D.U., IluvPitties.

IluvPitties

(3,181 posts)

3. Thanks, Judi!

Reply to Judi Lynn (Reply #2)

Sat Dec 16, 2017, 04:44 PM

Dec 2017

And yes, the GOP is using PR as a way to enrich donors and supporters rather than showing compassion towards an island ravaged by colonialism and a massive natural disaster.

To be honest, the authoritarian regime in th White House and the disaster in PR have mentally and emotionally drained me beyond belief.

Judi Lynn

(160,542 posts)

5. What a shame the killer hurricane hit, period. Trump's lack of decency responding was a shock.

Reply to IluvPitties (Reply #3)

Sat Dec 16, 2017, 05:10 PM

Dec 2017

He was the worst President we could have ever imagined being in the WH at the same time as this catastrophic event. One catastrophe, responding to another catastrophe.

We can all be certain even W. would have had the respect necessary to the occasion to attempt to do far, far better for other U.S. citizens in a time of total chaos.

Hoping the best for you and yours, and the whole area.

Hortensis

(58,785 posts)

4. Wow. Incredibly vicious. If there were 20M conservatives

Reply to DonViejo (Original post)

Sat Dec 16, 2017, 05:09 PM

Dec 2017

in PR, the Repugs would be behaving entirely differently. And if there were a Trump tower...!

This kind of punitive callousness is depraved, not just completely devoid of decency.

FloridaBlues

(4,008 posts)

6. I bet he won't be singing trump's praises anymore

Reply to DonViejo (Original post)

Sat Dec 16, 2017, 05:50 PM

Dec 2017

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