Saturday, April 23, 2016

CORPORATE WELFARE CORPORATIONS LOOKING TO TAKE ADVANTAGE OF PUERTO RICO's ECONOMIC CRISIS TO CONTINUE SCAMMING THE US TAXPAYER

URGENT ALERT TO UNITED STATES TAXPAYERS !!!!!
by Miriam J. Ramirez MD
April 23, 2016

The Government of Puerto Rico and the Manufacturers Association have presented a proposal to Senator Hatch and the US Treasury to bring back the old Section 936 better known as Corporate Welfare, as a solution to the Puerto Rico economic crisis. That is outrageous. It has been precisely the use of Puerto Rico as an Offshore Corporate Welfare Tax Haven that has destroyed Puerto Rico's economy!! According to the latest news, Sen Hatch sent it for scoring,

According to newspapers, they propose to allow almost tax-free repatriation of dividends declared by US subsidiaries in PR.

These tax evasion bloodhounds claim Puerto Rico's crisis is due to the elimination of Section 936, but purposely fail to inform Congress that the Navy was literally kicked out of Puerto Rico by all political parties in PR.  The Navy was spending $600,000,000 a year in the Puerto Rico economy in 2001. Multiply that by 16 years and there you have our deficit.

One of the most debated topics of the 2016 Presidential Primaries is the abuse of TRILLION DOLLAR Offshore Tax Shelter and other Tax sparing gimmicks that Corporations and the very wealthy enjoy while the working middle class in the United States is burdened with higher taxes and an increasing deficit.

Well, the reason for Puerto Rico's economic crisis is precisely the fact that in Puerto Rico, the rich and Multinational and American corporations using Puerto Rico's economic disadvantage as an excuse, scam puertoricans and US Tax Payers by participating in an outrageous tax evasion scam that affects Puerto Ricans and US Tax payers.We are at a stage that only the poor & middle Class pay taxes.

This situation is very similar to what eventually resulted in the French revolution, and the reason for the Boston Tea Party which later led to the Declaration of Independence.

Puerto Ricans do not want to continue to be used as an offshore tax shelter to launder trillions of dollars of corporate money. 

WE DO NOT WANT ANY MORE THAT CORPORATIONS USE PUERTO RICO's DIRE ECONOMY, WHICH IS ACTUALLY THE RESULT OF THE FACT THAT ONLY THE POOR & MIDDLE CLASS PAY TAXES, AS AN EXCUSE SO THE VERY WEALTHY AND THE CORPORATIONS CONTINUE TO EVADE TAXES AND THUS STEAL FROM PUERTO RICANS AND THE US TAXPAYER!

We want to pay our share of taxes and have our economy integrated in the US economy. We don't want to keep leaving Puerto Rico and moving to one of the other states. PLEASE HELP US ! Call your Congressman and ask for the incorporation of Puerto Rico into the US Tax System as a solution to the economic crisis.  

Search CFW for more articles on this topic in this blog.