Tuesday, March 20, 2012

11:25 AM 3/20/2012 | Puerto Rico Daily Sun - Review

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The Puerto Rico Daily Sun is Puerto Rico`s only English-language daily newspaper. Our mission is fairness and truth in reporting. Our daily sections cover news related to local events, the economy, the U.S., the world, arts, and sports.

via Puerto Rico Daily Sun - Timely news about Puerto Rico, the Caribbean and the world on 3/20/12

Local News

PIP presents tax proposal

By John McPhaul

Special to the Daily Sun

Puerto Rico Independence Party gubernatorial candidate Juan Dalmau Rodríguez would raise corporate taxes from 4 percent to 10 percent, not to be reduced below 5 percent, and eliminate Puerto Rico’s sales tax to confront the island’s fiscal crisis, said Dalmau Monday.“The government of Puerto Rico finds itself immersed in a fiscal crisis which it will be hard to get out of in the foreseeable future unless drastic measures of an urgent nature are taken,” said Dalmau at a press conference in which the candidate presented the PIP plan.He said the plan to raise corporate taxes and eliminate the sales tax would have the net effect of broadening Puerto Rico’s... Read More


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