Tax Freedom in Puerto Rico

8/4/22
 
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from Right & Free,
8/2/22:

Want to pay no federal income tax?

Move to Puerto Rico.

Really. If you move to the island, you can legally pay none. There’s also no capital gains tax.

You just have to give 4% of your income to Puerto Rico.

The tax break was started by a Puerto Rican politician who’d watched years of high taxes fail to improve life on the island. He decided to try something different.

Obviously, it’s a popular idea, when people learn about it.

Tens of thousands have applied for the exemption, and applications tripled last year.

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