Duffy Willing to Amend PROMESA | El Nuevo DÃa
One interesting section:
Quote:
Furthermore, Duffy also said that Puerto Rico should receive equal treatment, adding that he is in favor of it being treated as a state, if it is so determined in the referendum to be held in June.
He also assured that Trump’s administration would treat Puerto Rico as part of the United States if Congress decides to promote a tax reform or import tariffs, as suggested by Ryan.
|
My interpretation of Duffy's statement is that - if statehood wins the status referendum - Puerto Rico would be declared a domestic jurisdiction, while the other territories would remain foreign jurisdictions but get an exemption from the 20% import tax levied on all foreign jurisdictions. This would effectively make Puerto Rico an incorporated territory ... and making statehood inevitable
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
