Optional@lemmy.world to Progressive Politics@lemmy.world · 17 hours agoEighteenlemmy.worldimagemessage-square57fedilinkarrow-up1777arrow-down16cross-posted to: housing_bubble_2@lemmy.world
arrow-up1771arrow-down1imageEighteenlemmy.worldOptional@lemmy.world to Progressive Politics@lemmy.world · 17 hours agomessage-square57fedilinkcross-posted to: housing_bubble_2@lemmy.world
minus-squareStrongHorseWeakNeigh@lemmy.worldlinkfedilinkarrow-up33arrow-down2·12 hours agoUntil Puerto Rico is a state, I believe they shouldn’t have to pay taxes. No taxation without representation.
minus-squareWiz@midwest.sociallinkfedilinkarrow-up25·12 hours agoThey are exempt from federal income tax.
minus-squareDalvoron@lemm.eelinkfedilinkarrow-up8·edit-28 hours agoWhile a good start, they do still pay other kinds of federal taxes (without representation), such as payroll taxes https://espaciosabiertos.org/facts-does-puerto-rico-really-not-pay-federal-taxes-a-common-misconception/ And paid $4 billion in federal taxes in 2021 https://www.cfr.org/backgrounder/puerto-rico-us-territory-crisis#chapter-title-0-4
Until Puerto Rico is a state, I believe they shouldn’t have to pay taxes. No taxation without representation.
They are exempt from federal income tax.
While a good start, they do still pay other kinds of federal taxes (without representation), such as payroll taxes
https://espaciosabiertos.org/facts-does-puerto-rico-really-not-pay-federal-taxes-a-common-misconception/
And paid $4 billion in federal taxes in 2021 https://www.cfr.org/backgrounder/puerto-rico-us-territory-crisis#chapter-title-0-4