[Vision2020] Regarding Puerto Rico and the GOP Tax Reform . . .

[Tom Hansen]

I was being sarcastic, Mr. Dredge. 

Here we have Puerto Rico . . . still recovering from a horrible hurricane (over 40% remains without power) . . . and the GOP doesn’t even acknowledge that they are US citizens.

NOW do you understand?

Seeya 'round town, Moscow, because . . .

"Moscow Cares" (the most fun you can have with your pants on)
http://www.MoscowCares.com
  
Tom Hansen
Moscow, Idaho


> On Dec 20, 2017, at 11:51 PM, Scott Dredge <scooterd408 at hotmail.com> wrote:
> 
> Tom writes "Sweet, huh?"
> 
> You tell me.  Is is sweet that U.S. based pharmaceutical companies and corporations like Microsoft are now required to pay a 12.5% federal tax on their income generated from patents and licenses held in Puerto Rico whereas under the previous tax code they paid nothing?
> 
> I'm not exactly sure what your position is on taxing corporate profits.  Do you think corporate profits should be tax free at the federal level?
> 
> -Scott
> 
> On Wednesday, December 20, 2017, 6:29:50 PM PST, Tom Hansen <thansen at moscow.com> wrote:
> 
> “The final draft calls for a 12.5% tax on any income generated from patents and licenses held by foreign companies outside the United States. Under U.S. tax codes, companies in Puerto Rico are treated as foreign corporations, even if their parent organization is located in the mainland United States and they employ U.S. citizens.”
> 
> http://money.cnn.com/2017/12/20/news/economy/puerto-rico-tax-bill/index.html
> 
> ———————————————
> 
> Sweet, huh?
> 
> Seeya 'round town, Moscow, because . . .
> 
> "Moscow Cares" (the most fun you can have with your pants on)
> http://www.MoscowCares.com
>   
> Tom Hansen
> Moscow, Idaho
>   
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