Monday, July 16, 2018

Sen. Rubio counted on to give Puerto Rico a voice in US tax reform, disaster aid

By on December 14, 2017

SAN JUAN – Gov. Ricardo Rosselló and several Puerto Rico government officials and mayors met Wednesday with Sen. Marco Rubio (R-FL) to discuss the effect that taxing foreign earnings of U.S. companies would have on the island, which is a foreign jurisdiction for tax purposes.

They also talked about the importance of Puerto Rico being treated equally in Congress’ supplementary aid package for jurisdictions that had natural disasters.

“Rubio made a commitment to review the language of the federal tax reform in the conference committee,” the governor said in a release, adding that the senator said he would also look out for the island for the supplementary recovery aid bill to address the disaster caused by Hurricane María.

Legislative resolution demands Puerto Rico jurisdiction be addressed in US tax reform

Mayors Carlos Molina of Arecibo, Ramón Luis Rivera of Bayamón, Lornna Soto of Canóvanas, Ángel Pérez of Guaynabo, María Meléndez of Ponce and Rosachely Rivera of Gurabo, all of whom are members of the Mayors Federation, which groups New Progressive Party municipal heads.

During the meeting, the mayors stressed the impact an additional tax for Puerto Rico would represent for municipal coffers as a result of the tax reform.

Carlos Mercader, the executive director of the Puerto Rico Federal Affairs Administration, and Omar Marrero, director of the Central Recovery and Reconstruction Office, also took part in the meeting.

The governor reiterated that the reform, as it currently stands, will prevent the economy of Puerto Rico from improving, which goes against what is sought by the federal Promesa Act approved by Congress, he said.

“I thank Senator Rubio for addressing the issue of Puerto Rico and the grievances of American citizens living on the island. The lack of congressional representation makes it impossible for us to vote in the federal Senate and House. We count on the senator for the voice of Puerto Rico to be heard in the conference committee,” the governor said.

 


image_print

You must be logged in to post a comment Login

-->