Losing Puerto Rico 🇵🇷 #AbolishAct22
@LosingPR
Losing Puerto Rico is a media project aimed to educate, inspire and activate folks to #AbolishAct22. http://bit.ly/LosingPR
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We don’t know why - we have no way to ask X questions and were not notified - but they took down our reporting video on Act 22. Here it is again! #AbolishAct22
"exposing how special tax breaks for the wealthy are costing the rest of American taxpayers ‘hundreds of millions of dollars per year’ with little evidence they’re delivering economic benefits to the people of Puerto Rico." #AbolishAct22 democrats-naturalresources.house.gov/media/press-re…
Act 22 tax evaders like Brock Pierce are eliminating jobs, not creating them, and they are putting lives at risk. #AbolishAct22
The English version of the press report that discusses my latest publication "Can colonial tax havens stimulate economic growth?" elnuevodia.com/english/news/s…
“Raquítico” el impacto para la economía de las antiguas leyes 20 y 22, q convirtieron a PR en un paraíso fiscal, revela estudio de José Caraballo Cueto elnuevodia.com/corresponsalia…
“I am tax exiled in Puerto Rico," billionaire Phil Shawe says from a white-walled office, the tropical sun peeking through the shutters. My latest for @Forbes, on Shawe's company TransPerfect and his mission of "cannibalizing" yourself: forbes.com/sites/phoebeli…
Suresh Gajwani, an Act 22 beneficiary charged with tax evasion, has plead guilty to one count of fraud and false statements, according to court records. courtlistener.com/docket/6975782…
“Es una medida regresiva porque le estás reduciendo los impuestos a los ricos y no a la clase trabajadora que está siendo desplazada de sus viviendas por estos esquemas. Esa no es la solución”. eldiariony.com/2025/04/05/gob… #AbolishAct22
Would it be a bad idea to include Closing the Act 22 tax loophole so Americans can no longer legally evade taxes while displacing Puerto Ricans from their homeland, @EmilyRPeck?
#ICYMI — Act 22 has only created 6k jobs since 2012, according to @NPR. That’s peanuts compared to the legal tax evasion that displaces Puerto Ricans from their homeland: npr.org/2025/03/10/123… @sanbenito @CaraballoCueto
The only way the Senate can solve this problem is by closing the Act 22 tax loophole. How does this legal tax evasion scheme cheat Americans, while displacing Puerto Ricans from their homeland? Go to: LosingPuertoRico.com #AbolishAct22
1/ Senate Finance Committee targets Pantera Capital's Dan Morehead as part of investigation on tax compliance by wealthy Americans who have moved to #PuertoRico. A Jan 9 from Sen. Wyden requests detailed info about $850M in investment profits he made after moving to PR in 2020.
Puerto Rico: The only place where Americans can move, keep their passport, and dodge federal taxes. Hear the full conversation— youtube.com/live/lUJeA4K6Q… #AbolishAct22
Bad Bunny says wealthy foreigners know nothing about Puerto Rico: “They don't even know that Puerto Ricans on the island don't even vote for the president, but they do know that they can go to the island to legally evade taxes" ti.me/40kXl9o
“For years, Puerto Rico’s controversial tax haven laws have drawn wealthy Americans looking to avoid income taxes and sparked a property gold rush that pits lower-paid, Spanish-speaking natives against cash-rich Anglophone newcomers.” huffpost.com/entry/puerto-r… #AbolishAct22
#PuertoRico's Center for Investigative Journalism is taking the Dept of Econ Development (DEDC) to court to mandate the disclosure of Act 22/60 data that was requested over 4 months ago & which served as the basis for a DEDC-commissioned study on the act's return on investment.
Después de más de cuatro meses de la solicitud para que se entregue la base de datos que dio pie al estudio "Rendimiento de los incentivos económicos: evaluación de datos y análisis del retorno de la inversión", el DDEC no ha entregado la información. periodismoinvestigativo.com/2024/10/cpi-ex…
I have no idea what their strategy is, but this white nationalist talk is coming from the same folks who are evading taxes IN PUERTO RICO. #AbolishAct22
Trump rally speaker: “There’s literally a floating island of garbage in the middle of the ocean right now. I think it’s called Puerto Rico”
Act 22 is sold as "trickle down colonialism" -a phrase by my colega @fdejesusfebles. What it's doing is facilitating a wave of millionaire invaders using #PuertoRico as a tax haven and displacing Puerto Ricans.
Act 22 is fueling a displacement & migration crisis in PR and depriving the mainland of billions in tax revenues. Proud to introduce the UPROAR resolution with @repdeliaramirez & @repAOC to elevate these issues and bring accountability on this predatory law.
When wealthy Americans use Puerto Rico as a tax haven to avoid paying local and federal taxes, communities lose critical dollars to: 📚invest in schools 🏥fund hospitals & clinics 🔧repair roads & highways 🏗️improve infrastructure Let's pass the UPROAR Resolution & work…
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