Federal taxes and Puerto Rico...
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« on: June 13, 2017, 12:00:46 pm »

I didn't know this until today.. but realizing that people in Puerto Rico don't pay federal income taxes is a two-way street. 
Even without being a state, Puerto Ricans can move to the USA, but they then have to pay federal income taxes. 
On the other hand, a person living in the USA can move to Puerto Rico.. and no longer have to pay federal income taxes.

You can bet your bippy that there are a tremendous number of people using Puerto Rico as a tax haven.  Making it a state would eliminate it as a tax haven.  Therefore, don't count on Puerto Rico becoming a state anytime soon. 

Canada as a similar situation with some islands that are tax havens.  There was a huge issue roughly 30 years ago involving online gambling.  It was BANNED in the USA, so they started doing it via Canada.  It was then banned in Canada as well, but the company in Vancouver, Canada got around that by operating out of certain islands.   One of the largest Canadian online gambling companies was also doing live streaming porn shows in which people paid huge amounts of money for subscriptions.  They were actually a money laundering operation with fake accounts paying to be members, and not actually being members.  That site used to allow people to log in without real memberships to watch the shows just to make it look real.  That company is long gone, so forget about looking for it.  One other funny bit of trivia... before the porn and online gambling.. they started out as an ice cream company!   They were also an internet provider - which they needed to control the online gambling and porn through their own secure channels. 
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« Reply #1 on: June 13, 2017, 12:58:03 pm »

The US no longer needs Puerto Rico.    It has no strategic value with modern warfare, which is why we "needed" it originally.   

Most Puerto Ricans don't seem to like the US much, even the ones living in the US.     


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« Reply #2 on: June 13, 2017, 03:37:58 pm »

The US no longer needs Puerto Rico.    It has no strategic value with modern warfare, which is why we "needed" it originally.   

Most Puerto Ricans don't seem to like the US much, even the ones living in the US.     


I have also found that to be true.  But I don't quite understand it.  I took a look at the streets of Puerto Rico with Google Maps.   It is.. a DUMP.  Just about every state has it's good and bad parts.  I could find no good parts in Puerto Rico other than the parts with no people living there.  It has some beautiful mountains, etc. 
As for the developed parts.. it is all quite run down, and doesn't have many stores of any significance.  The only buildings worth a damn are the hotels. 

I bet they have very lax drug laws.  Not many drug addicts would like to fall under federal jurisdiction. 
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