THE 99th CONTINENTAL CONGRESS SUPPORTS STATEHOOD FOR PUERTO RICO AND THE INMEDIATE TAXATION OF CORPORATIONS DOING BUSINESS IN PUERTO RICO.

PRESS RELEASE

July 4, 2012

The 99th Continental Congress convened in the Convention Center at Philadelphia, PA from July 2 to July 4th 2012 to design a Petition a Redress of Grievances to be taken to the US Congress, to the Candidates for President and to the Courts. There is a committee of lawyers committed to further action in the US courts.

Two delegates were elected from each of the 50 states and Puerto Rico. The delegates from Puerto Rico are Miriam Ramirez de Ferrer and Julio Figueroa Nunez.

Work at the convention has proceeded intensively for the last three days, with the delegates stopping for a recess late at night.

While this has been happening at the Congress, the Occupy groups have been meeting in the Franklin Park in the historical area of Philadelphia and the Tea Party is also holding an event along the same area.

Bridges have been opened with these groups to support the work of the 99th Convention. The  main grievances are essentially the same.

The delegates in the 99th Congress come from different sectors of the political spectrum. There are Republicans, Conservatives, Liberals, Green Party Members, and independents.  

Ramirez and Figueroa easily persuaded the delegates to include the following text in the final  document. 

This will be read publicly by the delegates at an event to be held at Heritage Hall, (where the Constitution was signed)  today Wednesday, 4th of July, at 3:00PM after a march from downtown philadelphia to the historic area.

The 99th Continental Congress final approved Redress of Grievances includes the following:

" The citizens of Puerto Rico and the United States territories have been disenfranchised as voters and this is incompatible with American representative democracy. We recognize the right of Puerto Rico to become a State of the Union.

Proposed Solution:
A Congress sanctioned and binding process aimed to fully decolonize Puerto Rico and other territories through internationally recognized non-territorial, non colonial status formulas resulting in statehood or indepedence should they choose to pursue those measures.

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Tax Reform

"Any corporation or entity that does business in the United states and Puerto Rico and generates income from that business shall be fully taxed on that income by removing deductions, subsidies and loopholes regardless of corporate domicile.  Tax Havens are not permitted and will be taxed at the U.S. Corporate tax rate. Pretax net profits after legitimate business expenses (excluding lobbying and political expenses) will be p aid at the prevailing corporate tax rate-never lower than the highest individual tax rate."