Puerto Rico: Growth yes, more taxes no
By Fausta's Blog on February 11, 2014
Says Monica Showalter of IBD, and I wholeheartedly agree: To Avoid Becoming The Next Detroit, Puerto Rico Needs Growth, Not Taxes Too much bureaucracy, much of it for welfare, and too much rewarding failure over success drive up costs and drive out the productive. Puerto Rico’s most talented citizens are voting with their feet. The island loses about 1% of its population a year, a deadly loss compounded over the years for any economy. . . .
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