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

[Scott Dredge]

I understand that when bills are passed, there are bound to be unintended consequences for corner cases such as occurred with this US territory.  I don't see it that the Republicans purposely went out of their way to screw over Puerto Rico.

As for citizenship, "The Nationality Act of 1940 established that Puerto Rico was a part of the United States for citizenship purposes. Since Jan. 13, 1941, birth in Puerto Rico amounts to birth in the United States for citizenship purposes.  However, the prevailing consensus among scholars, lawmakers and policymakers is that Puerto Ricans are not entitled to a constitutional citizenship status. While Puerto Ricans are officially U.S. citizens, the territory remains unincorporated."

Are Puerto Ricans American Citizens?<https://www.usnews.com/news/national-news/articles/2017-03-03/are-puerto-ricans-american-citizens>

<https://www.usnews.com/news/national-news/articles/2017-03-03/are-puerto-ricans-american-citizens>





Are Puerto Ricans American Citizens?

Puerto Ricans have been granted three different types of U.S. citizenship over the years, but questions remain a...






On Thursday, December 21, 2017, 3:32:59 AM PST, Tom Hansen <thansen at moscow.com> wrote:


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<http://www.moscowcares.com/>

Tom Hansen
Moscow, Idaho


On Dec 20, 2017, at 11:51 PM, Scott Dredge <scooterd408 at hotmail.com<mailto: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<mailto: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<http://www.moscowcares.com/>

Tom Hansen
Moscow, Idaho

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