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Counterpoint: They have the stability of the US dollar and financial system, protection of the Army, and no Federal taxes.
by justinzollars 3y ago
Counterpoint: They have the stability of the US dollar and financial system, protection of the Army, and no Federal taxes.
- rootusrootus 3y agoNo federal income tax, but they did pay $4B in other federal taxes, according to TFA.
- prottog 3y ago> they did pay $4B in other federal taxes About $1200 per person, to put it in perspective. Still quite little.
- selectodude 3y agoThat's 3.4 percent of GDP, which is...not a lot.
- dragonwriter 3y ago“Mild taxation without representation” being, after all, a famous motto of the American Revolution. Also, The Jones Act (which, for Puerto Rico, is very similar to the kind of regulation of trade without local representation, that was, as much or more than taxation as such, the impetus for the American Revolution) is estimated to cost Puerto Rico almost as much as federal taxation does.
- selectodude 3y agoAs a yucky neoliberal, I am 100 percent in favor of repealing the Jones Act and PR (and Washington DC) statehood. I’m just not going to pretend that PR pays for a small fraction of what it receives in indirect benefits from the mainland.
- eatonphil 3y agoThey do pay some federal taxes. https://www.marca.com/en/lifestyle/us-news/2022/04/22/6262923b268e3e75308b4576.html https://www.marca.com/en/lifestyle/us-news/2022/04/22/626292...
- micromacrofoot 3y agoAlso no federal representation