The Government of Puerto Rico, in a historical move, will join all sectors, including business, political allies and foes, representatives from workers unions, etc., on a trip this week to Washington to lobby for a new amendment to the Federal Internal Revenue Code that will make Puerto Rico a permanent offshore tax haven for multinational corporations and corporate welfare. I am sending you a link to my blog. I was a Senator in PR and fought personally in Washington succesfully against Section 936 (Corporate Welfare). I worked through a grass roots organization that I founded (Puerto Ricans in Civic Action) This is all coming back now with great lobbying force and although I am partially retired, I plan to do all I can to fight against this terrible tax shelter which I think is partly to blame for the economic chaos in the world.
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Oct. 3, 2011