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Puerto Ricans on the island are the most heavily taxed of all U.S. citizens. From 2013 to 2014, 105 different taxes were raised in Puerto Rico. Over a 19-year period, from 1990 to 2009, Puerto Rico paid more federal taxes than six U.S. states. Puerto Rico is projected to have the worst economy on the entire planet in 2018.
Will President Donald Trump, the self-styled “great builder,” authorize enough federal aid to rebuild Puerto Rico? Will Congress alleviate its crushing debt? To prevent a mass exodus of Puerto Ricans, the Trump White House and Republican-controlled Congress will have to act fast. Failure will drive an exodus of Puerto Ricans to the US.
Puerto Rico has been hit by a triple disaster - Hurricane Maria; outrageous debt owed to vulture hedge funds; racist, colonial indifference by the Trump Administration. Puerto Ricans - on the island, and in the U.S. have called for the lifting of the Jones Act, as it applies to Puerto Rico; canceling the debt; and abolishing PROMESA. Yesterday a solidarity flight of medical and emergency organized by AFL-CIO unions brought needed supplies and aid workers to the island.