The economy of Puerto Rico is being strangled by the United States. One law alone – the Jones Act of 1920 – dictates all consumer prices, trade relations and shipping policies for the entire island.
Here is how the entire economy of Puerto Rico could be revolutionized…
It starts with taking the Jones Act off the neck of Puerto Rico. Here is why and how to do it:
In addition, any foreign investor, corporation or high-net worth individual, who receives tax abatement deals in Puerto Rico, should pay a stipulated percentage of their profits into the physical infrastructure of Puerto Rico.
They should not use the island’s highways, bridges, water resources, warm climate, human labor…and pay no interest, dividend or capital gains taxes for 20 years…without paying for all these privileges.
Alternative energy technologies – solar, wind, and water power – should be developed. Puerto Rico is bathed in sunlight, surrounded by water, and buffeted by Caribbean winds…it is time to harness them!
Agriculture is currently 0.8% (not even 1 percent) of Puerto Rico’s gross national product. Yet the island’s soil produces world-class coffee, tobacco, sugarcane, pineapples, and dozens more fruits and vegetables.
Independence begins with personal independence. Puerto Rico is in a position to create it.
And it all begins with the Jones Act. It is time to get rid of it.
For a history of the War Against All Puerto Ricans, read the book…
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