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Old 09-25-2020, 11:34 PM
 
811 posts, read 223,262 times
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Quote:
Originally Posted by OneDawg View Post
PUERTO RICO IS BANKRUPT. Do we need another bankrupt state?
Well so is Texas but they seem to do well suckling at California's teat.
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Old 09-26-2020, 11:07 AM
 
453 posts, read 114,613 times
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Quote:
Originally Posted by GoldKona View Post
Well so is Texas but they seem to do well suckling at California's teat.

LOL. You don't know what you are talking about. Texas has the #2 best economy and growth in the nation and people are fleeing California to Texas because of the high taxes and high cost of living. A house that cost in Texas $300,000 with plenty of property and big yard it sells in California for over a million dollars for less house and the property taxes are up the roof. Gasoline tax is $1.50 per gallon more expensive in California. The purchasing power in California is 20% lower than Texas. Rent a 1 bedroom apartment is about $800 more expensive a month in California. A 3 bedroom apartment is $1,300 more a month in California. A gallon of milk is $1 more expensive in California. See the picture?

Puerto Rico wishes it had Texas economy, low taxes and low cost of living and a normal house doesn't cost you 1 million dollars.
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Old 09-26-2020, 11:22 AM
 
453 posts, read 114,613 times
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Quote:
Originally Posted by chacho_keva View Post
One question I've asked regarding Puerto Rican independence is:

What would an independent Puerto Rico's economy be based on?

I once loosely discussed this with someone who favored independence. Quite frankly, the economy appeared as something this person had not taken into account. He mentioned agriculture, tourism, and that's about it.

I would love if someone who favors independence would describe the [possible] basis of an independent Puerto Rican economy. The only thing that comes to my mind is off-shore banking and pharmaceuticals.

I lived there for years. 99% of all independentistas that I talked to and most are teaching in schools are left wing socialists of big government that push their agenda on students (another topic). They have no plan for the capitalist private sector to grow and let them be. Their plan is to grow the economy with big government in control over the masses. All of them repeat the same broken record. If we get rid of the "Americans" and take over, Puerto Rico will be like Ireland or is it Singapore now or some Asian country that most can't find in a map. The country changes by the argument. They can't find 1 Latino Republic as an example for their Republic model because they know they will be laughed at. A lot of them moved to the states for the economy and push their socialist independence from their couch in USA. I know 3 former teachers of mine from Puerto Rico living in Texas. All of them are for a left wing socialist independent Puerto Rico. The irony, Texas. LOL
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Old 09-26-2020, 11:29 AM
 
453 posts, read 114,613 times
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Quote:
Originally Posted by mym View Post
medical appliances, rum, coffee and oil refinery if we can get that refinery working by Ponce...

basically a bit more than now
I don't know if to cry and laugh. Who is going to put up the $$$$$ in investments once the American federal aid, American bank protections and the U.S. backing is gone and you have a Chavista left wing government in charge in Puerto Rico? You are going to need a way a lot more than a bit more than now.

oil refinery? really.
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Old 09-26-2020, 04:19 PM
 
811 posts, read 223,262 times
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Quote:
Originally Posted by SanJuanStar View Post
LOL. You don't know what you are talking about. Texas has the #2 best economy and growth in the nation
CA is the fifth largest economy in the world. CA pays more federal taxes than it receives back. Texas receives more federal money than it contributes. Grow a pair and get your house in order and get off the welfare.
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Old 09-26-2020, 05:08 PM
 
453 posts, read 114,613 times
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Quote:
Originally Posted by GoldKona View Post
CA is the fifth largest economy in the world. CA pays more federal taxes than it receives back. Texas receives more federal money than it contributes. Grow a pair and get your house in order and get off the welfare.
You should have quit like 3 posts ago. This is a Puerto Rico forum not California. You took the wrong turn somewhere and now talk ignorant.

Texas is #2 behind California in giving money to the feds because of population and #2 best economy in the country. If you work and live in a state you pay the same federal tax rates.

The federal tax rates are all the same in the nation for all 50 states. California has 40 million people and Texas under 30 million. So duh! California has more people that pays federal taxes. The state taxes, local taxes, sales tax and property tax in California stays in the state and it doesn't go to Texas or any other state. This is how ignorant you sound.

and how states get federal money is based on federal buildings and operation, military bases and land grab the feds take from the states. Welfare is the same for all states. The feds gives it out according to population needs. You lost me that Texas takes from California. Just quit.

Last edited by SanJuanStar; 09-26-2020 at 05:23 PM..
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Old 09-26-2020, 05:31 PM
 
811 posts, read 223,262 times
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Quote:
Originally Posted by SanJuanStar View Post
You should have quit like 3 posts ago. This is a Puerto Rico forum not California. You took the wrong turn somewhere and now talk ignorant.

Texas is #2 behind California in giving money to the feds because of population and #2 best economy in the country. If you work and live in a state you pay the same federal tax rates.
It is not just about what the state gives to the federal government. It is also about how much they get back. If CA pays more than they get back then a state like Texas that may still pay a lot to the feds still gets back more than what they pay. Where does that money come from? The states that pay more than what they receive back. That money is funneled to these poor states.
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Old 09-26-2020, 08:55 PM
 
3,229 posts, read 3,622,196 times
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Quote:
Originally Posted by GoldKona View Post
It is not just about what the state gives to the federal government. It is also about how much they get back. If CA pays more than they get back then a state like Texas that may still pay a lot to the feds still gets back more than what they pay. Where does that money come from? The states that pay more than what they receive back. That money is funneled to these poor states.
This would appear to be true. Though, frankly, I am not totally sure.

Regardless, I've lived in California 70% of my adult life. I have family in Texas and have visited the state a few times. Frankly, I don't care for its far right conservative culture, nor its flatness. And although I voted Republican back when Republicans had morals and principles, in good conscience, there's no way I will vote for them, not until things in the party change.

Hopefully, they will someday be guided by morals, principles, a concern for the environment, diversity . . . you know, all the things they don't currently embrace. The Republican party's sole quest is a grab for power and authority at any cost.

Exhibit A:
They blocked President Obama's SCJ nominee Merick Garland in 2016 with 200 days left in his administration, yet now will fast track Amy Barrett as SCJ with less than 40 days to the election.

So yeah, I will stay in Progressive/Inclusive/Diverse California for as long as I am able.
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Old 09-26-2020, 09:12 PM
 
453 posts, read 114,613 times
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Quote:
Originally Posted by GoldKona View Post
It is not just about what the state gives to the federal government. It is also about how much they get back. If CA pays more than they get back then a state like Texas that may still pay a lot to the feds still gets back more than what they pay. Where does that money come from? The states that pay more than what they receive back. That money is funneled to these poor states.

What is your source? Texas doesn't get a cent from California. Texas' economy stands on it's own. If you don't like our progressive tax system that takes from the haves and spreads it to the lower brackets then don't vote liberal and support a flat tax which is a conservative proposal. This is what liberalism is. That's why very liberal states like California, New York and New Jersey have high taxes that equates to high cost of living. If you live in California then don't complain about taking from over here and giving it over there. Our tax system has been progressive for decades.
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Old 09-26-2020, 09:31 PM
 
453 posts, read 114,613 times
Reputation: 326
Quote:
Originally Posted by chacho_keva View Post
This would appear to be true. Though, frankly, I am not totally sure.

Regardless, I've lived in California 70% of my adult life. I have family in Texas and have visited the state a few times. Frankly, I don't care for its far right conservative culture, nor its flatness. And although I voted Republican back when Republicans had morals and principles, in good conscience, there's no way I will vote for them, not until things in the party change.

Hopefully, they will someday be guided by morals, principles, a concern for the environment, diversity . . . you know, all the things they don't currently embrace. The Republican party's sole quest is a grab for power and authority at any cost.

Exhibit A:
They blocked President Obama's SCJ nominee Merick Garland in 2016 with 200 days left in his administration, yet now will fast track Amy Barrett as SCJ with less than 40 days to the election.

So yeah, I will stay in Progressive/Inclusive/Diverse California for as long as I am able.
and Democrats have morals and principles? Democrats aren't about gaining power? LOL. The party that wants to stack the deck in Congress by pushing D.C. and P.R. as states while ignoring the constitution and facts about Puerto Rico. The party that wants to raise the Supreme Court seats so they can stack it with their judges. The party that wants more federal grab and more taxes? they aren't about power? LMAO! You sound really silly and you shouldn't be throwing rocks when the party you support lives in a China glass house. Look how they turned California especially Los Angeles. If you want political identity and big government controlling our energy by taxing the people 'til death and globalism then keep voting Democrat. Why would you want to change the Republican party like the Democrats. So we have a 1 party nation of big government, identity politics and high taxes? No thank you.

Progressives are inclusive alright, if you agree with them. You don't see conservatives at liberal rallies ejecting violence to stop the event. You won't see conservatives at colleges protesting with violence and destruction so liberals don't speak. All these violence from protests in Portland and many other cities are not coming from conservatives. Is that the inclusiveness from the left you are talking about? Hollywood is a perfect example. If you are not liberal progressive you are not part of the club and hard to get a job in that town and they get nasty on you on social media even getting you fired if you don't agree with them. yeah, inclusive alright.

Get your facts straight. Obama didn't have the votes in the Senate to push Garland. He was told don't bother you don't have the votes to wait after the election and Obama did anyway. Trump has the votes in the Senate (a close one but he has it) so he has a constitutional duty to name a judge and let the Senate pass it or reject it. If Obama had the votes in the Senate in 2016, Garland would be in the SC but he didn't have the votes and Garland is history like Bork (remember him?) payback in politics is a funny thing and Democrats have a short memory. Blame Obama for losing the majority in the house in 2010 and Senate in 2014 under his presidency. Elections has consequences.

Last edited by SanJuanStar; 09-26-2020 at 09:48 PM..
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